Adams v. Farmers National Bank

Opinion op the Court by

Judge Turner

Affirming.

On the lOtk of September, 1914, Rose H. Adaips and others, who were the holders of preferred stock in the Mayfield Water and Light Company, and the Citizens National Life Insurance Company, a- creditor of the Water and Light Company, brought this action seeking the appointment of a receiver to take charge of and operate the water and light plant.

On the 22nd of September, 1914, the plaintiffs entered their motion before the circuit judge, in chambers, and on the same day the water and light company *508and its directors filed their joint answer joining…