...of a corporation has no power, without the authority of the directors or stockholders, to consent to the appointment of a receiver to wind up the affairs of the corporation.— WALTERS V. ANOLO-AMEHICAN MORTGAGE A TRUST CO., USCC (Xeb.) , SO Fed. Rep. 816. 26....

...upon erroneous principles. Same — Same — Allegation of Insolvency: No case for an accounting or for the appointment of a receiver to wind up the affairs of a mutual life insurance company is made by allegations of insolvency contained in a bill filed by a...

...company, and as the executor of a deceased stockholder, brought an action for the purpose of securing the appointment of a receiver to wind up the affairs of the corporation. The order appointing the receiver contained an injunction restraining creditors from interfering...

...•deceased partner against the surviving members of the firm of JW Mason & Co., for an accounting and the appointment of a receiver to wind up the affairs of the copartnership. A motion is now made for the appointment of a receiver pendente lite. It is provided...

...judgment of the Supreme Court of Puerto Rico.80 Government counsel then petitioned the local court for the appointment of a receiver to wind up the affairs of Rubert Hermanos, Inc.— then a defunct corporation. The Supreme Court of Puerto Rico granted the receivership...

...thereafter to make good such reserve, the Bank Commissioner may notify the Governor, and he may direct the Attorney General to institute proceedings for the appointment of a receiver or to wind up the business of such bank or trust company." MASSACHUSETTS (5A Annotated Laws of Massachusetts,...

...thereafter to make good such reserve, the Bank Commissioner may notify the Governor, and he may direct the Attorney General to institute proceedings for the appointment of a receiver or to wind up the business of such bank or trust company." MASSACHUSETTS (5A Annotated Laws of Massachusetts,...

...thereafter to make good such reserve, the Bank Commissioner may notify the Governor, and he may direct the Attorney General to institute proceedings for the appointment of a receiver or to wind up the business of such bank or trust company." MASSACHUSETTS <5A Annotated Laws of Massachusetts,...

...good the deficiency within ninety days after a written requisition is made, and in case the impairment is not made good it becomes his duty, with the concurrence...stockholders of the bank, nor is there any authority under the statutes of this State for the stockholders or directors to make such an assessment. There...

...make good the deficiency A) appearing or found to exist, it shall be the duty of the Commissioner, with the concurrence of the Attorney General, to institute proceedings for the appointment of a receiver of such bank to wind up its business." From this section you will see that after ascertaining that...