Creditors v. Consumer's Lumber Co.

Citations

• 98 Cal. 318
• 33 P. 196
• 1893 Cal. LEXIS 917

Syllabus

<p>Insolvency—Bond of Petitioning Creditors—Jurisdiction. —The failure of the petitioning creditors of an insolvent to file a bond signed by the creditors and two sureties under section 8 of the Insolvent Act, and the filing of a bond signed by the sureties alone, if irregular, does not affect the jurisdiction of the court over the subject-matter of the proceeding.</p> <p>Id—Place of Business of Insolvent Corporation—Parol Evidence. — Under section 8 of the Insolvent Act, requiring a petition by creditors for an order of adjudication of insolvency, to he filed in the county in which the debtor resides or has his place of business, parol evidence is admissible to show in what county a corporation, sought to be adjudged insolvent, has its place of business.</p>