Kennebec Box Co. v. O. S. Richards Corp.

GARVIN, District Judge.

Two motions are before the court, each for an order directing the permanent receiver to pay out of the moneys now in his hands, or out of the first moneys coming into his hands, the respective sums of $7,500 and $3,000, alleged to be due to the holders of receivers’ certificates.

Prior to December 9, 1922, Frederick P. Kapper, who had been previously appointed receiver of the O. S. Richards Corporation in this action, the usual suit in equity to preserve assets, was authorized by order of this court to borrow $20,000 on receivers’ certificates for the use of the receiver…