Cannon v. Brush Electric Co.

This is an application upon the part of certain alleged stockholders and bondholders of the United States Electric Power and Light Company, asking that the property now in the hands of the receivers be immediately sold, and that the proceeds of such sale be brought into this Court for final disposition upon the termination of the litigation.

The petitioners represent more than a majority of the stock of the supposed corporation, and the large majority of the outstanding bonds issued by it. The application is opposed by the plaintiff and others, who together are the holders of the minority of…