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DRAKE v. NORTHWEST NATURAL GAS COMPANY

165 A.2d 452 (1960)

Orville G. DRAKE, Plaintiff, v. NORTHWEST NATURAL GAS COMPANY, a dissolved corporation of the State of Delaware, Defendant.

Court of Chancery of Delaware, New Castle.

November 2, 1960.

Attorney(s) appearing for the Case

Louis L. Redding and Leonard Williams, Wilmington, for claimant, Harry Hausknecht.

William Prickett, Jr., Wilmington, receiver, pro se.

Arthur G. Logan, (of Logan, Marvel, Duffy & Boggs), Wilmington, for exceptants, A. Faison Dixon, H. Harper McKee, Albert C. Brokaw and Arthur G. Logan.

MARVEL, Vice Chancellor.

On January 15, 1959, plaintiff as a stockholder and creditor of Northwest Natural Gas Company, a dissolved corporation, filed his complaint in which he prayed for the appointment of a receiver of such corporation pursuant to the provisions of § 279 of Title 8 Del.C. On the same date the corporation by answer admitted the allegations of the complaint and William Prickett, Jr. was named receiver.

The receiver having filed an inventory...

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