Montgomery County sentinel., 1891-04-17
In the Circuit Court for Montgomery
County, as Court of Equity.

In the Circuit Court for Montgomery
County, as Court of Equity.
TIME OBJECT of this suit is to procure a
L Decree for the appointment of a receiver
for the Potomac Red Sand Stone Company of
Montgomery county, Maryland, aud the dis
solution Of said corporation.
The bill states:
lst. That the Potomac Red Sand Stone
Company of Montgomery county, Maryland,
is a corporation duly organized under the
general corporation laws OF the State of Ma
ryland with an authorized capital stock of
three hundred thousand dollars, divided into
three thousand shares of the par value of one
hundred dollars each, all of which said stock
has been duly issued and paid for in full.
End. That the plaintiff is the owner and
holder of two hundred and twelve shares of
the capital stock of said company, that the
other shares of stock are owned and held by
Henry H. Dodge, Ysidora B. NJ. Dodge, Ma
thanel Wilson and Aulick Palmer, of the
District of Columbia, G. Shirley Carter, of
| Loudoun county, in the Stale of Virginia,
John A. Wills, of the State of California
and certain other persons whose names and
residences are unknown to the plaintiff
3rd. That the said company being indebt-
ed unto the said Henry H Dodg ge, Ysidora B.
NJ. Dodge, Aulick Palmer, Nathaniel Wilson,
G. Shirley Carter, John A. Wills and the
plaitif in sundry sums of money, did by its
deed, dated the third day of June, in the
year eighteen hundred and eighty-six, and
recorded among the Land Records of said
Montgomery county, in Liber j. A, No. Q,
foios 800 et seq. convey all its property, real
and personal, 10 the said Henry fl Dodge,
Ysidora B. NJ. Dodge, Aulck Palmer, Ma
thaniel Wilson, G. Shirley Garter, John g.
Wills and the plaintiff, by way of mortgage,
10 secure said Indebtedness
4ih. That default having been made in the
payment OF said mortgage Indebtedness a
certain james b. Henderson, of said Mont
gomery county, the attorney named in said
mortgage for the purpose of executing the
power of sale therein contained, after filing
the bond required by law and duly advertis-
ing said property, did on the twentieth day
of December in the year eighteen hundred
and ninety, sell AT public sale all the real and
personal property of said company to a GER
tam George Mann, at and for the sum of
thirty thousand nine hundred dollars, which
said sale was duly reported to your Honora-
BILE Court, and was by an order thereof pass
ed on the nineteenth day of January, in the
year eighteen hundred and ninety-one, final
" ratified and confirmed
9Th That the proceedings in said cause
were duly referred to the Auditor of this
Court, TO state an account, distributing the
| proceeds of said sale that on the twenty
seventh day of January, in the year eighteen
hundred and ninety-one, the said Auditor
\ filed his report, which said report was finally
ratified and confirmed by your Honorable
Court on the seventeenth day of February.
in the year eighteen hundred and uinetv-
one, and that by said report il appears that
after the payment of all the expenses of said
sale and said mortgage Indebtedness, and all
interest thereon, there will remain on the
| first day of June, in the year eighteen hum
dred and ninety-oue, in the hands of the said
james b. Henderson, attorney as aforesaid
the sum of seven thousand and thirty-fve
dollar and forty cents due to the said com
pany.
9Th. That the said corporation having been
organized for the purpose of operating cer-
tain quarries located on the lands Of said
company, and all the property, real and per-
sonal, belonging to said company having
been sold at said mortgage sale, the object
for which said corporation was formed has
ceased to exist, it is wholly deprived of the
ability to carry out the purpose for which il
was created there is no valid reason for its
continued existence. and il should therefore
be dissolved.
nh Tha, ,bor. ;s s,,o1I a. s a,
;ng ;n5ohtsdnoes of "a oora,,a 1T,
| shoulG be n.id fro,, tho s,,r, of p,a,s,o, 49, -.
aforesaid rana;n;n, ~ 81 ~ - ~ 80
James R Henderson, a,,ornav as aCoro,s;d
i