SHARPE, J.
On October 14, 1954, plaintiffs, residents of Wayne county, Michigan, filed their bill of complaint in the circuit court of Wayne county in chancery against John W. Davis, defendant, for a money judgment, impression of an equitable trust, and the appointment of a receiver. The facts leading up to the filing of the bill of complaint are as follows: For some time prior to the filing of the above bill of complaint, plaintiffs Alger operated an oil and gasoline...
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