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STATE v. WOODROOF

8 Div. 476.

46 So.2d 553 (1950)

STATE v. WOODROOF et al.

Supreme Court of Alabama.

May 18, 1950.

Attorney(s) appearing for the Case

A. A. Carmichael, Atty. Gen., and H. Grady Tiller, Asst. Atty. Gen., for appellant.

Theron Lamar Caudle, Asst. Atty. Gen., and Ellis N. Slack, A. F. Prescott and F. E. Youngman, Sp. Assts. to Atty. Gen., for appellee United States.

Malone & Malone, of Athens, for appellee Woodroof, receiver.

FOSTER, Justice.

This appeal brings up for review orders of a court of equity making distribution of assets of an insolvent corporation, Automatic Gas Company of Athens, Alabama.

On June 4, 1948, a petition was filed in equity by all the stockholders alleging insolvency of the corporation and inability to carry on its business and praying that it be dissolved and a receiver appointed to make proper distribution of its assets. The court on the same day made...

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