Keystone Pipe & Supply Co. v. Liberty Refining Co.

The nature and result of this cause have been accurately state'd, in part, by the Court of Civil Appeals, as follows :

“This suit was instituted by the Vacuum Oil Company against the Liberty Refining Com; pany to recover damages for breach of contract".

“Plaintiff charged that defendant was insolvent, that its property was heavily incumbered by deeds of trust and other liens, and asked that a receiver be appointed, which was done, as also a master in chancery.

“Numerous creditors intervened, among them the parties to this appeal, the Keystone Pipe & Supply Company, appellant, and ’the Cisco…