Loeffler v. Federal Supply Co.

This is an appeal from an order denying the appointment of a receiver for defendant, Federal Supply Company, in an action brought by plaintiffs, F. X. Loeffler and R. L. Patton, as stockholders of that company, for dissolution of the company, appointment of a receiver, and an accounting. The sole question involved on this appeal is whether Federal Supply Company exists as a corporation, or whether it has been dissolved by operation of law.

The facts giving rise to the question are undisputed. Federal Supply Company was incorporated, and certificate of incorporation issued to it as Federal…