Holland v. Silver Basin Mining Co.

Citations

• 113 Wash. 63
• 193 P. 500
• 1920 Wash. LEXIS 812

Syllabus

<p>Cokpobations (217, 218) — Insolvency—Receivebs—Gbounds foe Appointment — Evidence—Sufficiency. A receiver is properly appointed for a mining corporation where it appears that its stockholders, officers and trustees were in constant disputes interfering with the successful operation of its properties, that it was largely indebted without means to pay, that suits were pending and others threatened, and that the appointment of a receiver was necessary to prevent dissipation of the property.</p> <p>Same (195) — Actions—Venue—Doing Business in County. Under Rem. Code, § 206, providing that a corporation may be sued in any county where it transacts business or has an office therefor or where the cause of action arose, the court has jurisdiction of an action to appoint a receiver in a county in which it had mining property which it had been operating.</p> <p>Courts (11) — Presumptions as to Jurisdiction. Superior courts áre courts of general jurisdiction and it will he presumed that their proceedings are regular until the contrary appears.</p> <p>Receivers (93) — Compensation—Attorney’s Fees — Amount. The allowance of $2,500 to a receiver of a mining company and a like sum to his attorneys is excessive, and will each he reduced to $1,500, where at no time did he operate the property, no money came into his hands, although he made constant effort to sell the property and was caused unnecessary trouble by objections to his appointment and continuance in office.</p>