Yakima Finance Corporation v. Thompson

Defendant Horace S. Thompson, during the month of April, 1930, was, by the superior court for Kittitas county, appointed receiver of Cle Elum Motor Sales Company, an insolvent corporation, which had been engaged in the business of operating a garage. Defendant American Safety Company of New York furnished the receiver’s bond. Yakima Finance Corporation and Turner Auto Parts Company were creditors of the Cle Elum Company, the claim of the former company approximating in amount ninety-four per cent of all the claims due. Upon his appointment, the defendant receiver took possession of eighteen…