ARCOLA SUGAR MILLS CO. v. BURNHAM

No. 6826.

67 F.2d 981 (1933)

ARCOLA SUGAR MILLS CO. v. BURNHAM.

Circuit Court of Appeals, Fifth Circuit.

December 15, 1933.


Attorney(s) appearing for the Case

Walter F. Brown, of Houston. Tex., for appellant.

W. W. Naman, of Waco, Tex., and G. H. Penland, of Dallas, Tex., for appellee.

Before BRYAN, FOSTER, and HUTCHESON, Circuit Judges.


BRYAN, Circuit Judge.

This is an appeal by the Arcola Sugar Mills Company, a Texas corporation, from a decree ordering its dissolution, and appointing a receiver to dispose of its assets, pay off its liabilities, and distribute any surplus remaining among the stockholders.

The decree is based on appellee Burnham's bill in equity which avers that he owns 400 shares of the corporation's capital stock; that the corporation had abandoned the business it was created...

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