Utah Supreme Court January 10, 1935, No. 5407. (N. M. Long Co. v. Kenwood Co.)

WADE, District Judge.

The plaintiff, N. M. Long Company, a corporation, commenced this action on July 27, 1932, to foreclose a mortgage for $550, dated September 12, 1929, made by the defendant the Kenwood Company, a corporation, the charter of which had been forfeited for failure to pay its franchise tax for 1930, and its directors were made defendants, as trustees of its assets.