Beckwith Machinery Co. v. Atlantic Seaboard Coal Co.

Campbell, P. J.,

On January 9, 1963, a receiver was appointed for the Atlantic Seaboard Coal Company as a result of an equity action *206instituted by a creditor, Beckwith Machinery Company. Receiver entered upon his duties, liquidated assets of the debtor, and filed his first and final account on January 4,1965. Said account, after deductions for administration expenses, showed a balance for distribution among creditors of $5232.92.

Two creditors claim a priority in the distribution. The claim of each is sufficiently large to consume the entire amount for distribution.

First claimant consists of a…