Scott v. Rainier Power & Railway Co.

Citations

• 13 Wash. 108
• 42 P. 531
• 1895 Wash. LEXIS 57

Syllabus

<p>RECEIVERS—PERFORMANCE OP EXECUTORY CONTRACTS OP CORPORATION.</p> <p>A receiver appointed to conduct the business of a corporation pending an action, is not liable as such receiver in an action for damages for his refusal to perform an executory contract of the corporation.</p> <p>The provisions of 24 U. S. St. at Large 554, §§ 2, 3, providing that a receiver appointed to conduct the business of a corporation pending an action in a United States court, shall manage the property according to the requirements of the valid laws of the state in which the property is situated, in the same manner as the owner would he bound to do, applies only to things occurring while the receiver is in possession and does not make him responsible for liabilities growing out of contracts entered into before his appointment.</p>