May v. Puyallup State Bank

A meeting of the principal creditors, including the Puyallup State Bank, of the Puyallup & Sumner Fruit Growers Canning Company was held on June 18, 1921, to consider the affairs of the company, which were then in an embarrassed, precarious condition, upon an accountant’s report to the meeting on the affairs of the company. The canning company was-present and participated in the meeting. It was agreed-at the conference that Mr. May, who was present and later appointed receiver of the company, should “go out there and take charge of the assets, funds *281and inventory of the company.” Mr. May did…