Gregg Co. v. Utuado Sugar Co.
Gregg Co. v. Utuado Sugar Co.
Opinion of the Court
delivered tbe following opinion:
This matter comes on to be beard upon tbe bid of Carlos Cabrera and tbe bid of another party whose name I do not recall at present. It seems that the other bid, not that of Cabrera, ■does not conform to the order of court and so cannot be considered one way or the other. The question comes up whether the court shall direct the receiver to make the lease to Cabrera, in •other words, accept Cabrera’s offer or not.
1. In the first place, the lease would have to be made by the receiver. As I understand it, the receiver is still in office. A lease is a matter of administrative detail. Several objections .are made to the offer of Cabrera and it is suggested that more should be paid for 100 pounds of sugar. The court does not feel authorized to make any change in the bid unless by consent. It must either accept it or decline it; it cannot undertake to make any change of that kind, and so as to any question of priority of claims. I understand that this is not urged, but it could not come up at this time anyhow.
2. A somewhat more difficult proposition is presented as to the duty of the lessee in the collection of old colono accounts. The proposed lessee offers to report within a certain time on the subject, and also to do all in his power to collect. The «objection is made that this is vague and may not amount to any
I malte the order accepting the bid of Mr. Cabrera in principle, and referring it to the master for an administrative report.
Reference
- Full Case Name
- GREGG COMPANY, LTD. v. UTUADO SUGAR COMPANY
- Status
- Published