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IN RE SUPREME TOOL & MFG. CO.

3 Wis.2d 554 (1958)

IN RE VOLUNTARY ASSIGNMENT OF SUPREME TOOL & MANUFACTURING COMPANY: NEMMERS, Appellant, vs. HELLER, Receiver, and others, Respondents.

Supreme Court of Wisconsin.

April 8, 1958.

Attorney(s) appearing for the Case

For the appellant there was a brief and oral argument by Erwin Esser Nemmers of Milwaukee, in pro. per.

For the respondents there was a brief by Wolf & Haese of Milwaukee, for Harold Townsend, and by Joseph W. Swinnell of Milwaukee, for Erich Singer, and oral argument by Mr. William J. Haese and Mr. Swinnell.

FAIRCHILD, J.

The fundamental question presented is whether a receivership proceeding instituted by a voluntary assignment made under ch. 128, Stats., by a corporation is a proceeding in which the statutory liability of stockholders for unpaid wages can be adjudicated.

It has been decided that where an action is commenced against a banking or insurance corporation and a receiver appointed under the forerunners of...

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