Opinion
Gen. No. 43,393. (Abstract of Decision.)
Opinion filed June 15, 1945 Released for publication June 27, 1945
RECEIVERS, § 11 — when receiver may be appointed to wind up affairs of corporation previously dissolved for failure to pay franchise tax. Receiver pendente lite may be appointed upon complaint of judgment creditor to take possession of assets and wind up affairs of corporation previously dissolved upon application of attorney general for failure to pay its franchise taxes, where execution on complainant's judgment was returned "no part satisfied" six years before dissolution of corporation, and complaint, filed two months after dissolution, in addition to facts concerning judgment, demand, etc., alleged that debtor was insolvent and certain assets were fraudulently conveyed (Ill. Rev. Stat. 1943, ch. 32, pars. 157.86, 157.87; Jones Ill. Stats. Ann. 32.088, 32.089).
See Callaghan's Illinois Digest, same topic and section number.
Appeal from interlocutory order appointing a receiver from the Circuit Court of Cook county; the Hon. ROBERT J. DUNNE, Judge, presiding.
Order affirmed. Heard in the second division, first district, this court.
Charles D. Snewind, for appellant;
William Vihon, for appellee.
Not to be published in full. Opinion filed June 15, 1945; released for publication June 27, 1945.