Legal Opinion

Lembeck v. Jarvis Terminal Cold Storage Co.

New Jersey Court of Chancery

Decided December 9, 1904PublishedCited by 8 opinions

On application for allowance of compensation to receivers of an insolvent corporation and. to their counsel on settlement of receivers’ account.

1Opinion of the Court

Stevenson, V. C. (orally).

It is difficult to do exact justice in a case of this sort in awarding compensation to the receivers and to counsel, but I shall endeavor to make the best approximation that I can.

The case is peculiar. The case was started on behalf, undoubtedly, of the stockholders and creditors of this corporation, and if the cause had proceeded, as such causes generally do, these questions would not have been before the court; the receiver would have taken the property subject to the liens that were upon it, and would have sold that property, and what he got would have been the…

2Cited by8 opinions

  1. Central Trust & Savings Co. v. Chester County Electric Co.Court of Chancery of Delaware · 1911
  2. Albert Kernahan v. Franklin ArmsSupreme Court of New Jersey · 1931
  3. Crump & Field v. First National BankCourt of Appeals of Kentucky (pre-1976) · 1929
  4. Provident Life & Trust Co. of Philadelphia v. Camden & T. Ry. Co.Court of Appeals for the Third Circuit · 1910
  5. Seidler v. Branford Restaurant, Inc.New Jersey Court of Chancery · 1924

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