Legal Opinion

Globe Refining Co.'s Estate

Supreme Court of Pennsylvania

Decided October 31, 1892No. Appeal, No. 174PublishedCited by 2 opinions

Appeal, No. 174, Oct T., 1892, by Sbedrick Simcox, a creditor, from decree of C. P. Venango Co., No. 3, April T., 1891, distributing assets of assigned estate of The Globe Refining Co., Limited. Exceptions to auditor’s report distributing assigned estate of limited partnership. The facts appear by the opinion of the Supreme Court.

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Appeal, No. 174, Oct T., 1892, by Sbedrick Simcox, a creditor, from decree of C. P. Venango Co., No. 3, April T., 1891, distributing assets of assigned estate of The Globe Refining Co., Limited. Exceptions to auditor’s report distributing assigned estate of limited partnership. The facts appear by the opinion of the Supreme Court. Errors assigned were dismissal of exceptions to auditor’s report, quoting them, embracing among other things the finding recited in the opinion of the Supreme Court.

1Opinion of the Court

Opinion by

Mb. Justice Williams,

The Globe Refining Company, Limited, was organized on the ninth day of September, 1887, under the provisions of the act of June 2, 1874, and its supplements. It entered at once upon the business for which it was organized and continued to carry it on as a joint stock association until February, 1890, when it failed and made a general assignment for the benefit of its creditors.

The assignee converted the assets into money and filed his account. An auditor was then appointed to distribute the fund. His report was confirmed by the court below and this appeal is…

2Cited by2 opinions

  1. Walkley v. ClarkeSupreme Court of Iowa · 1899
  2. Keppel v. Lehigh Coal & Navigation Co.Supreme Court of Pennsylvania · 1901

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