Gutterson & Gould v. Lebanon Iron & Steel Co.
U.S. Circuit Court for the District of Middle Pennsylvania
On Exceptions to Report of Master, Passing Upon the Accounts of Abram Hess and J. Lansing Mines, Receivers.
1Opinion of the Court
ARCHBALD, District Judge.
The receivers, whose accounts are in controversy, were appointed upon a hill filed. December 2, 1902, by the general creditors of the Lebanon Iron & Steel Company, the appointment being secured upon the representation that the company was doing an extensive and profitable business, and that the value of its property largely exceeded the bonded and other indebtedness against it, all of which could be saved to the unsecured creditors and stockholders by proper management, under the direction of the court, but would otherwise be speedily foreclosed and sacrificed.…
2Cases cited2 opinions
- Jacobs v. Mexican Sugar Co.U.S. Circuit Court for the District of New Jersey · 1904
- Montague v. Chicago, M. & St. P. Ry. Co.Court of Appeals for the Eighth Circuit · 1897
3Cited by18 opinions
- Phelan v. Middle States Oil CorporationCourt of Appeals for the Second Circuit · 1946
- National Ben. Life Ins. Co. v. Shaw-Walker Co.Court of Appeals for the D.C. Circuit · 1940
- United States Ex Rel. Willoughby v. HowardSupreme Court of the United States · 1938
- Riches v. Hadlock, Bank Com'r.Utah Supreme Court · 1932
- Atkinson & Co. v. Aldrich-Clisbee Co.District Court, D. Massachusetts · 1915
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