Indiana Court of Appeals October 14, 1909, No. 6,811 (Thayer v. Kinder)

lead-opinion

Roby, P. J.

1. *1132. *112Appellee Kinder, on June 15, 1907, filed his complaint in the Hancock Circuit Court against the Citizens Natural Gas, Oil and Water Company, a corporation, The object of the suit was to obtain the appointment of a receiver, on the ground that the corporation was in imminent danger of insolvency. Such proceeding is authorized by statute.