A Selection of Cases On Private Corporations

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The rule adopted at the trial was the correct one. Judgment according to verdict.
EDWARDS V. STAND AKD ROLLING STOCK SYNDICATE. 1157 CHAPTER XXX.
COEPOEATE EECEIVEESHIP.* SECTION I.
Grounds for the Appointment of a Receiver.
EDWAEDS V. STANDAED EOLLING STOCK SYNDICATE.
1892. Law ReporU, [1893] 1 Chancery, 674.
Motion by the plaintiffs for tlie appointment of a receiver of all the property and assets of the defendant company comprised in or subject to the mortgage debentures of the company, and
...to manage and carry on the business of the company comprised in the deben- tures.
The plaintiffs, B. Edwards and S. W. Hadingham, sued " on behalf of themselves and all other the holders of mortgage debentures of the defendant company." By the writ in the action, which was issued on the 16th of December, 1892, the plaintiffs claimed, as debenture holders of the company, (1.) a declaration that the mort- gage debentures issued by the company, and then outstanding, con- stituted a iirst charge upon all the property of the company ; (2.) to have an account taken of what was due and owing to the plaintiffs and the other debenture holders of the company under or by virtue of their debentures ; (3.) to have the debentures enforced by fore- closure or sale ; (4.) to have a receiver and manager of the company's property appointed.


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