The opinion of the court was delivered by BROCHIN, J.A.D.
Pursuant to N.J.S.A. 14A:14-2, plaintiff Patrick R. Gerbig was appointed the statutory receiver of Bay Point Yacht Harbour, Inc., an insolvent corporation. The corporation owed Jersey Central Power and Light Company $12,538.94 for electric service furnished before his appointment. The electric company demanded payment from the receiver and threatened to terminate service unless payment was received or...
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