How to Conduct a Receivership
How to Conduct a Receivership
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From the funds in their possession.
C. D. , of Counsel for the Receivers.
September 19, 1905.
ORDER OF COURT Jackson, J. This matter coming on to be heard on petition of (names), receivers of The Fairfield Manufacturing Company, appointed in the above entitled action, and on reading and filing the said petition, It is hereby ordered that the prayer thereof be granted, and that said receivers be and they hereby are authorized and empowered to pay the following persons the amounts set against the...ir names respectively for services rendered in the matters set forth in the petition, viz. : U. V. , $203. 04, and W. X. , $190. 17. By the Court, September 19, 1905. James Brown, Clerk.
18 MODERN AMERICAN LAW LECTURE Now follow petitions and decrees common in most cases: PETITION BY RECEIVERS FOR AUTHORITY TO SELL RAW MATERIAL To the Honorable the Justices, Etc. : Respectfully represent (names), receivers of the defendant corporation, that they find among the assets thereof a quantity of raw material, which, in their judgment, it is inexpedient to manufacture, that the same should be sold in its present condi- tion, that they have received from the firm of Johnson & Jones, of, an offer therefor, which they believe to be reasonable, a copy of which is hereto annexed, and that unless said offer is accepted it will be impossible for your petitioners to realize on the raw material so large a price as is contained in said offer, and the conversion of the same into cash will cause delay and will be attended by expense.
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You can find similar books in the "Read Also" column, or choose other free books by George Fox Tucker to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
From the funds in their possession.
C. D. , of Counsel for the Receivers.
September 19, 1905.
ORDER OF COURT Jackson, J. This matter coming on to be heard on petition of (names), receivers of The Fairfield Manufacturing Company, appointed in the above entitled action, and on reading and filing the said petition, It is hereby ordered that the prayer thereof be granted, and that said receivers be and they hereby are authorized and empowered to pay the following persons the amounts set against the...ir names respectively for services rendered in the matters set forth in the petition, viz. : U. V. , $203. 04, and W. X. , $190. 17. By the Court, September 19, 1905. James Brown, Clerk.
18 MODERN AMERICAN LAW LECTURE Now follow petitions and decrees common in most cases: PETITION BY RECEIVERS FOR AUTHORITY TO SELL RAW MATERIAL To the Honorable the Justices, Etc. : Respectfully represent (names), receivers of the defendant corporation, that they find among the assets thereof a quantity of raw material, which, in their judgment, it is inexpedient to manufacture, that the same should be sold in its present condi- tion, that they have received from the firm of Johnson & Jones, of, an offer therefor, which they believe to be reasonable, a copy of which is hereto annexed, and that unless said offer is accepted it will be impossible for your petitioners to realize on the raw material so large a price as is contained in said offer, and the conversion of the same into cash will cause delay and will be attended by expense.
What to read after How to Conduct a Receivership?
You can find similar books in the "Read Also" column, or choose other free books by George Fox Tucker to read onlineMoreLess
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