Gregg Co. v. Utuado Sugar Co.

HamiltoN, Judge,

delivered the following opinion:

*92The Utuado receivership began by bill filed July 5, 1912, and is thus the oldest as it has unfortunately been the least successful of the sugar receiverships in this court. This would seem, to be due to the physical fact that the factory and the dependent lands are situated higher up in the mountain than the lands; best suited for sugar culture, and so has to be operated at a greater expense. The property was at first operated by the receiver, which came to be at a loss to the estate, then rented by the receiver under orders of court,' and now…