A. Baldwin & Co. v. Scotty Stores, Inc.

McCALEB, Justice.

This is an appeal from a judgment appointing co-receivers for a corporation. The appellant, B. F. Goodrich Company, is a creditor of the corporation and was not a party to the original proceeding in which the co-receivers were appointed. The proceedings in the lower court which brought about the appointment were as follows :

A. Baldwin & Co., Inc., filed suit in the District Court on March 14, 1941, alleging that it was a creditor of the defendant, Scotty Stores, Inc.; that the affairs of the defendant were involved; that it could not meet its obligations as they matured and…