Lowry v. Phila. Optical & Watch Co.

Supreme Court of Pennsylvania April 9, 1894

Lowry v. Phila. Optical & Watch Co., 161 Pa. 123 (Pa. 1894)

28 A. 1004; 1894 Pa. LEXIS 648

Dean, Green, Mitchell, Sterrett, Williams

Opinion of the Court

Opinion by

Mr. Chief Justice Sterrett,

This case involves the same question that was recently considered and decided by us in Pairpoint Manufacturing Company against same defendant, No. 419 of this term. [Reported above, page 17.] For reasons given in the opinion of our brother Fell in that case we think the decree complained of should be reversed.

Decree reversed and set aside, with costs to be paid by the appellees.

Reference

Full Case Name: Lowry, Trustee for Arthur H. Williams's Sons v. Phila. Optical & Watch Co.
Cited By: 2 cases
Status: Published
Syllabus: Corporations — Insolvency—Execution—Receivers. A sheriff’s sale of the property of an insolvent corporation will not be restrained in order that the property may be sold by a receiver appointed on the application of other creditors of the corporation.