Francis v. Williams Coal Mining Co.

The original bill herein was filed on March 27, 1940, by certain creditors of the defendant for the purpose of having it administered as an insolvent corporation. The bill was duly sustained, a receiver appointed, and the property" sold and purchased by T. R. Middleton, Eleanor Middleton, E. M. Howard and Mattie E. Howard, to whom we shall refer hereinafter as appellees.

The Reconstruction Finance Corporation was also made a party defendant due to the fact that it held two deeds of trust on the property of defendant as security for large sums of money advanced by it, said deeds of trust having…