GROVER v. MERRITT DEVELOPMENT CO.


7 F.2d 917 (1925)

GROVER v. MERRITT DEVELOPMENT CO.

District Court, D. Minnesota, Fourth Division.

July 22, 1925.


Attorney(s) appearing for the Case

James E. Trask, of St. Paul, Minn., for receiver.

Orr, Stark & Kidder, of St. Paul, Minn., for E. I. Du Pont de Nemours & Company, Inc.


CANT, District Judge.

In the exercise of its general equity powers, this court, on August 30, 1921, appointed a receiver for the defendant, a Minnesota corporation. Such appointment was upon the express consent of the defendant. The regularity and validity thereof is unquestioned. At the time of such appointment, the apparent assets of the defendant were considerable and the fixed liabilities were large in amount. Since such appointment, practically all of those assets...

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