Hagan v. Dungannon Lumber Co.

The Dungannon Lumber Company was the owner of a very large boundary of standing timber in Wise and Scott counties, and of a band saw mill, a logging outfit, including a logging railroad, steel rails, locomotives and logging ears and various tools and equipment. It also owned a large quantity of lumber, but was heavily indebted.

In January, 1925, the company filed its bill in equity in the Circuit Court of Wise county to which it made certain of its lien creditors and the sheriff of Wise county defendants. The bill sets out, in a general way, a description of the property owned by the…