Vacuum Oil Co. v. Liberty Refining Co.

This suit was instituted by the Vacuum Oil Company against the Lib erty Refining Company to recover damages for breach, of contract.

Plaintiff charged that defendant was insolvent, that its property was heavily incumbered by deeds of trust and other liens, and asked that a receiver be appointed, which was done, as also a master in chancery.

Numerous creditors intervened, among them the parties to this appeal, the Keystone Pipe & Supply Company, appellant, and the Cisco Banking Company, appellee.

The master in chancery was authorized by the order of the court appointing him “to pass upon the…