PARKER PEANUT CO. v. M.H. FELDER CO

Citation Codes

Equivalent Citations

citation codes

Docket Number

15213

Attorney(S)

Messrs. Felder Rosen and Zeigler Brailsford, for appellants, cite: Injunction bond where appointment of Receiver requested: Sec. 584, Code, 1932; 144 S.C. 188; 142 S.E., 343. Appointment of Receiver: 71 So. 349; 14 A.C.J., 894; 19 C.J.S., 1099; 27 S.C. 408; 67 S.C. 254; 80 S.C. 84; 53 C.J., 29; 23 R.C.L., 16; L.R.A., 1918-C, 630; 109 A.L.R., 280; 46 F.2d 252; 11 L.R.A. (N.S.), 857; 18 C.J.S., 378, 383; 256 P., 983; 26 P.2d 92; 3 N.E.2d 393; 169 So., 685; 41 F.2d 675; 280 S.W. 120; 23 P.2d 1114; 292 P., 173; 53 P.2d 995; 7 F.2d 432; 250 F., 669. Liability of all stockholders for acts of one: 236 P., 777; 265 P., 1025; 222 N.W., 335; 102 A.L.R., 1042. Declaration of dividends: 93 S.C. 393; 14 C.J., 800; 14 A.C., 894, 930; 19 C.J.S., 1099, 1139; 71 So., 349; 3 N.E.2d 391; 1 A.L.R., 610; 34 A.L.R., 597; 102 A.L.R., 1042. As to subsequent creditors: 24 A.J., 283; 13 A.J., 819; 14 Rich. L., 95; 54 S.C. 514; 1 Nott McCord L., 334; 117 A.L.R., 1258. Messrs. Adam H. Moss, James A. Moss, Reddick A. Bowman and Carroll E. Summers, for respondent, cite: As to corporate structure: 184 S.C. 1; 191 S.E., 796; 7 R. C.L., 27; 18 C.J.S., 376; 25 F.2d 592; 30. N.E., 279; 15 L.R.A., 145; 34 A.S.R., 541; 185 S.E., 845. Appointment of Receiver: 84 S.C. 214; 33 S.C. 530; 140 S.C. 471; 139 S.E., 2d 797; 190 S.C. 22; 1 S.E.2d 904. Right to ancillary action: 82 S.C. 382; 64 S.E., 398; 107 S.C. 514; 93 S.E., 188.

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PARKER PEANUT CO. v. M.H. FELDER CO., ALLEN

February 12, 1941. The opinion of the Court was delivered by

MR. ASSOCIATE JUSTICE FISHBURNE.

After a painstaking examination and consideration of the lengthy record in this case, and the briefs of counsel, we are satisfied that all issues raised by the appeal were correctly decided by the Circuit Court in its comprehensive decree. In our view a prima facie showing was made which warranted the appointment of a Receiver, and this was all that the lower Court undertook to adjudge. A final determination of the issue on its merits was expressly reserved, with the right granted to all of the parties to introduce further testimony.

We adopt the decree as the judgment of this Court. Let it be reported.

Judgment affirmed.

MR. CHIEF JUSTICE BONHAM, MR. JUSTICE BAKER and MR. ACTING ASSOCIATE JUSTICE L.D. LIDE concur.

PARKER PEANUT CO. v. M.H. FELDER CO., ALLEN

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