St. Paul Title, Insurance & Trust Co. v. Diagonal Coal Co.
Supreme Court of Iowa
Appeal from 'Jasper District Court. — Hon. D. Ryan, Judge. Plaintiffs, the holders of the bonds of the Diagonal Coal Company, on March 3,1893, began an action in the Jasper district court for a foreclosure of a mortgage securing them. In the petition it was averred that said coal company was indebted to other parties in various sums, aggregating, twenty thousand dollars or over.
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Appeal from 'Jasper District Court. — Hon. D. Ryan, Judge. Plaintiffs, the holders of the bonds of the Diagonal Coal Company, on March 3,1893, began an action in the Jasper district court for a foreclosure of a mortgage securing them. In the petition it was averred that said coal company was indebted to other parties in various sums, aggregating, twenty thousand dollars or over. The necessary facts were alleged as grounds for the appointment of a receiver, and on the same day W. H. Ernst was appointed as receiver of the coal company, and ordered to take possession of all of its property, and…
1Opinion of the CourtKinne, J.
1 2 I. It is first contended that the claims of these laborers were not filed in time to come within the provisions of the statute giving preference to such claims. The statute (chapter 48, Acts Twenty-third General Assembly), provides: “When the property of any company, corporation, firm, or person shall be seized upon any process by any court of this state or when their business shall be suspended by the action of creditors or be put into the hands of a receiver or trustee, then in all such cases, the debts owing to laborers or servants, which have accrued by reason of their labor or…
2Cases cited1 opinion
- Reynolds v. BlackSupreme Court of Iowa · 1894
3Cited by16 opinions
- Frick v. FritzSupreme Court of Iowa · 1904
- Bell v. HinerIndiana Court of Appeals · 1896
- Small v. HammesIndiana Supreme Court · 1901
- Anundsen v. Standard Printing Co.Supreme Court of Iowa · 1905
- Campbell v. NicholsWashington Supreme Court · 1927
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