American Hay Co. v. Dock, E. B. & B. R.

Citations

• 165 F. 486
• 1908 U.S. App. LEXIS 5395

Syllabus

<p>Corporations (§ 548*) — Insolvency and Receivers — Creditors’ Suits — Procedure — Intervention by Creditors.</p> <p>In a creditors’ suit by one creditor in bebalf of all to marshal and distribute tlie assets of a corporation, in which a receiver has been appointed, where other creditors have filed claims and have proved or are proving them before a special master, it is unnecessary that they should formally intervene and file pleadings as complainants, even though the claim of the complainant should he paid as one entitled to priority; nor is such intervention necessary because of errors in the description of defendants’ property in the original bill which are not material.</p> <p>[Ed. Note. — For other cases, see Corporations, Cent. Dig. § 2185; Dec. Dig. § 548.*]</p>