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WOOD v. GULF STATES CAPITAL CORPORATION

No. 44946.

217 So.2d 257 (1968)

John F. WOOD, Marshall Betty and Lillie Mae Betty v. GULF STATES CAPITAL CORPORATION et al. WALKER BOAT-BARGE RENTALS, INC., a Mississippi Corporation v. GULF STATES CAPITAL CORPORATION.

Supreme Court of Mississippi.

Rehearing Denied January 20, 1969.

Attorney(s) appearing for the Case

Wiesenburg, Oswald & Lockard, Cumbest, Cumbest, O'Barr & Shaddock, Pascagoula, for appellants.

Eaton, Cottrell, Galloway & Lang, Gulfport, Albert Sidney Johnston, III, Pascagoula, for appellees.

PATTERSON, Justice:

This is an appeal from a chancery court proceeding in Jackson County which originated with a bill of complaint filed by Marshall and Lillie Mae Betty against Southern Crab Company, Inc., Gulf States Capital Corporation, C.C. McCurley, and others. The complaint prayed for a finding of insolvency and the appointment of receivers to take over Southern Crab Company, Inc., for an injunction against foreclosure on a deed of trust executed by Southern...

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