Williams v. Bennett

■Gilbert, J.

Receivers were appointed -by Richmond superior court to take charge of the Georgia & Florida Railway Company, *489by order dated March 27, 1915. In the course of the receivership receivers’ certificates in the amount of $700,000 were issued. 'The lines of the railway were'operated by the U. S. Government during the period of Federal control. Upon return of the property to the receivers they found it necessary to borrow money, and were authorized by order of Richmond superior court, January 25th, 1921, to issue $1,600,000 of receivers’ certificates. One half of the amount was to be…