Towles v. South Carolina Produce Ass'n

The opinion of the Court was delivered by

Mr. Justice Baker.

It being admitted by appellant that under Section 7725 of the Code, it is within the discretion of the Court whether to adjudge a dissolution of a corporation, and appoint a Receiver or Receivers therefor for the purpose of winding up its affairs, and distributing its ássets, the only question necessary to a decision of this case is: Did the trial Judge in refusing to adjudge a dissolution of respondent corporation, and appoint a Receiver or Receivers to liquidate it, commit such an abuse of discretion as to amount to error of law?

The…