Dickinson v. Saunders

Citations

• 129 F. 16
• 63 C.C.A. 666
• 1904 U.S. App. LEXIS 4006

Syllabus

<p>1. Foreign Corporation — Decree Appointing Receivers Construed.</p> <p>A decree appointing receivers for a foreign corporation, and directing that they continue to operate the property until otherwise directed, and from the moneys coming into their hands pay all sums due to employés and all expenses of carrying on the business, construed, under the circumstances, as requiring the receivers to pay from the proceeds of the corporation’s property all claims for wages earned prior to their appointment, as well as wages earned thereafter.</p> <p>2. Same — Priority—Wages op Employes.</p> <p>Where a federal court could have acquired jurisdiction to appoint receivers for a foreign corporation only by consent of the parties, and no objection was made by any party to such appointment, or to a decree requiring the receivers to pay from the proceeds of the corporation’s property all sums due employés, together with all the expenses of carrying on the business, the receivers could not thereafter, under the circumstances of this case, refuse to pay in full claims for wages earned by employés of the corporation prior to the receivers’ appointment, none of which exceeded $300 in amount, in preference to other unsecured claims.</p>