State Ex Rel. Allman v. Grant Superior Court

This is an original action by which the relator, a preferred stockholder in The Hotel LaFontaine Company, an Indiana corporation, which owns a hotel building in Huntington County, seeks a writ prohibiting the Superior Court of Grant County from proceeding further with a proposed sale of the property by its receiver, and from exercising “further jurisdiction over the property and business of said The LaFontaine Hotel Company.’’

On December 14, 1937, the Department of Financial Institutions of the State of Indiana, in charge of the liquidation of the Citizens State Bank of Marion, brought an…