Hewell v. Smith

Kettle Creek Drainage District of Wilkes County was created and made a body corporate according to statute, and issued bonds in the sum of $40,000, which were duly validated. Municipal Securites Corporation of Chicago became the holder of some of these bonds; and on the petition of this company the superior court of Wilkes County appointed a receiver for the district corporation. The judgment appointing the receiver was reversed by this court. 161 Ga. 634 (131 S. E. 495). The petition of the securities corporation was thereafter amended, and on the amended petition the court again appointed a…