Warburton v. Perkins

Thomas W. Perkins and J. Wesley McAllister, receivers, reported to the Circuit Court for Cecil County a sale of the real and personal property, rights and franchises, constituting the business and property of the Gilpin’s Falls HydroElectric Company, hereinafter referred to as the “trust estate,” as a going concern, to the Elkton Electric Company, Incorporated, at and for $100,000, and that sale was by that court finally ratified and confirmed on May 21st, 1923. The proceeds of the sale were brought into that court by the receivers, and subsequently distributed by an auditor’s account. That…