Fleming v. Fleming Hotel Co.

Bekgent, Y. C.

The receiver, having sold the property of the defendant, an insolvent corporation, and reported the same to the court, obtained an order requiring all parties interested to show cause why the sale should not be confirmed, and upon the return of this order, creditors and stockholders have presented objections, which I am now to consider and dispose of. The objections, ten in number, may be segregated as follows: That the receiver

arbitrarily, without exercising reasonable discretion, and in abuse of his legal duty, refused to adjourn the sale upon the application of the creditors,…