Pelzel v. Pen-Mar Coal Co.

Hatcher, Judge:

This is a suit in chancery, brought in 1924 in the circuit court of Kanawha County, by C. IT. Hetzel, a creditor and stockholder of the Pen-Mar Coal Company, against the company and all its creditors. The bill set out the assets of the company, as well as the several amounts of the claims of the ■plaintiff and the other creditors. It alleged that by reason of the condition of the coal market, the company could no longer operate its mine profitably or meet its obligations; that it.was insolvent; and that by reason of judgments already recovered and suits threatened against the…