McChesney v. Kona Sugak Co.

OPINION OF THE COURT BY

PERRY, J.

(Galbraith, J., dissenting.)

In March, 1902, the complainants filed before the Circuit Judge of the Third Circuit, in equity, a bill, the main aver-*711ments of which were as follows: That the respondent, The Kona Sugar Co., was established for the purpose of cultivating sugar cane and manufacturing sugar and generally to carry on a sugar plantation and general agricultural business; that the respondent is indebted to the complainants in the sum of $189,826.05 for goods sold and delivered and for advances made; that the complainants hold the bonds of the respondent…