Buckner-Weatherby Co. v. Wuest

This is an appeal by tbe Buckner-Weatherby Company from a final order of tbe superior court for Skagit county disallowing its claim of preference made to certain sawmill machinery in the bands of C. W. Wuest, as receiver of the Sedro Hardwood Company, an insolvent corporation. There is no room for serious dispute over the controlling facts.

In March, 1928, the Sedro Hardwood Company was duly organized as a corporation, under the laws of this state. Its articles of incorporation read, in part, as follows:

“Article II. The objects and purposes, for which this corporation is formed, are as…