Plumer v. Houghton & Dutton Co.

At the suit of creditors who alleged that the defendant, corporation was financially embarrassed though possessed of sufficient assets to cover its liabilities, and upon its answer admitting all the allegations of the bill and consenting to the appointment, receivers of its assets were appointed on December 9, 1930. Proceedings in liquidation of its assets came before this court in Plumer v. Houghton & Dutton Co. 277 Mass. 209, and before the United States Circuit Court of Appeals for the First Circuit in Park Lane Dresses, Inc. v. Houghton & Dutton Co. 54 Fed. Rep. (2d) 33. The present…