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RALPH ET AL. vs. CIRCUIT JUDGE (Shiawassee)

Michigan Supreme Court1894-05-04No. No. 13997
1 McGrath 850100 M., 164

Authorities cited

No cited authorities resolved to law.co cases yet.

Opinion

majority opinion

To compel respondent to restore an order made by his predecessor, which respondent had vacated, appointing a receiver for the Owosso & Corunna Street Railway Co.

Granted May 4, 1894.

It appeared that the corporation was without a president, vice-president or secretary; that the trustees named in the mortgage given to secure the bond had refused to enforce the mortgage, and had signified their intention to resign their trust; that interest on the bonds remained unpaid; that there are tax and judgment levies and liens upon the corporate property, and that the Municipality which granted its franchise had taken proceedings to repeal the same.