Maxcy v. City of Washburn

The following opinion was filed April 3, 1928:

Stevens, J.(1) The case presents the question of the right of the city to offset a claim against the water company which accrued prior to the appointment of a receiver, against a claim due the receiver which matured after his appointment. The receiver’s claim includes hydrant rentals for the period of six months, part of which had elapsed be*568fore the receiver was appointed, but these rentals did not become due and payable until after the appointment of the receiver.

“The general rule undoubtedly is that a receiver takes subject to setoffs which the…