Victor Cotton Oil Co. v. City of Louisville

Opinion of the Court by

Chief Justice Hobson

Affirming.

Some years ago, the Globe Refining Company operated a factory in Louisville. It was not successful and transferred the property to the Globe Refinery Company, which operated it until March, 1904, when it ceased operations and turned over its property to the Fidelity Trust Company as liquidating agent. The Fidelity Trust Company placed a watcjiman in charge of the factory, and made different efforts to sell the property which were unsuccessful. In July, 1904, five stockholders of the Globe Refinery Company incorporated the Victor Cotton Oil…