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BAILIE v. ROSSELL

No. 4862.

60 F.2d 806 (1932)

BAILIE et al. v. ROSSELL.

Circuit Court of Appeals, Third Circuit.

August 4, 1932.

Attorney(s) appearing for the Case

Carter, Ledyard & Milburn, of New York City (John R. Bartels and Edwin De T. Bechtel, both of New York City, of counsel), for appellants.

David J. Reinhardt and Charles B. Evans, both of Wilmington, Del., for appellee.

Before BUFFINGTON, DAVIS, and THOMPSON, Circuit Judges.

BUFFINGTON, Circuit Judge.

This appeal concerns the allowance of fees to a receiver in an amicable receivership. Where a court is called upon to administer the affairs of a financially embarrassed corporation and is itself unable to oversee the management of its business and conserve its property, it is customary and proper for such court to call to its aid in administration persons or corporations who become the quasi officers, or, so to speak, the right hand of...

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