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STATE v. SUPERIOR COURT OF MARION COUNTY, ROOM 3

No. 478S67.

378 N.E.2d 822 (1978)

STATE of Indiana On the Relation of Richard Petty and James A. Shoopman, Relators, v. SUPERIOR COURT OF MARION COUNTY, ROOM 3, Betty Barteau, Judge, and Lante E. Earnest, Receiver, Respondents.

Supreme Court of Indiana.

July 24, 1978.

Attorney(s) appearing for the Case

Michael Sara, Indianapolis, for relators.

John R. Politan and Thomas M. Quinn, Jr., Indianapolis, for respondents.

DeBRULER, Justice.

Relators, Petty and Shoopman, at the time of the institution against them of the suit below were operating a tool rental store in association as partners in a shopping center in Indianapolis. According to the complaint and evidence heard on application of the plaintiff for appointment of a receiver in that suit, relators were in default upon their lease agreement and their franchise agreement, the business was insolvent, and a total liquidation...

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