Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-02-15
STATE OF MAINE.

heilneDec IS. To the Supreme Judicial
Court. In Equity.
William r. Haines of Waterville in the
County of Kennebec and State of Maine
in behalf of himself and of all other cred
itors who may join in this bill, complains
against the Oakland Wooden Company
and says:
l. That said Oakland Wooden Company
Is a corporation duly organized under
the general laws of Maine having
wooden mill at Oakland in the County of
kennebec, where it was formerly engaged
in the business of manufacturing wooden
goods.
p That said Company began business
in the year 1902 and continued manufac-
turing until January l, 1909. when, because
of business losses, it was obliged to stop
manufacturing and did stop and has not
since resumed.
3. That during all the time that has ex-
PRED since said Company ceased manu-
featuring it has been endeavoring to make
payment of its Indebtedness or arrange a
compromise with its creditors but has
been unable to accomplish either purpose
4. That the property of the company
consists chiefly of a wooden mill, machin-
cry with power located in the town of
Oakland; that said property is subject to
a mortgage to secure an issue of bonds
to the amount of 100000: that said com
pany owes other debts unsecured to the
amount of $4,000; that the total amount
of its Indebtedness exceeds the total value
of all its property by at least $4,000.
5. That certain creditors have brought
suit and made attachment by which they
are endeavoring to obtain payment in full
and thereby secure preference. and
others are threatening to do the same.
6. That your complainant is treasurer
of said corporation, a large owner of it's
capital stock and creditor to the amount
of more than $4,000 wholly unsecured.
Wherefore your complainant prays
l. That said Oakland Wooden Company
may be declared insolvent.
. That receiver be appointed and put
~
and care for the same under the direction
and control of the court until relieved
by bankruptcy proceedings.
g. That all creditors be strictly enjoined
from bringing suit against said company
or making attachments of its property. or
taking any other steps to secure prefer
ances.
A. That the defendant corporation, it's
officers and agents be enjoined from re-
ceiving any moneys. paying any debts,
selling or transferring any assets of the
corporation or exercising any of it's priv
ileges or franchises until further order
of the court.
5. And that the plaintiff may have such
other and further relief as the nature of
the case may require.
WILLIAM T. HAINES.
HARVEY d. EATON,
Solicitor for Plaintiff.
STATE OF MAINE.
kennebec IS.
Then personally appeared William T:
Haines and made oath that he has read
the above bill and knows the contents
thereof and that the same is true of his
own knowledge except the matters stated
% be on information and belief, and that
as to these matters he believes them to
be true.
Before me.
HARVEY ID. EATON.
Justice of the Peace.
STATE OF MAINE.
Supreme Judicial Court
February IA, 1910.
ORDER OF NOTICE.
Upon the foregoing bill it is hereby or
dered that a hearing thereon be held at
the court house in Augusta, Maine, on
Wednesday the 18th day of February 1910
at 10 O'Clock A. NJ, and that notice there
IF be given to said Oakland WOODEN %,
by serving an attested copy of said bill
with this order thereon, upon the clerk
Of said Company. two days at least be-
fore the date of said hearing, and that
further notice be given to creditors ana
all other parties interested by publishing
copy of this bill and of this order
thereon, on Tuesday, February 10. 1910,
in order that all parties interested there
IN may then and there appear and snow
cause. if any they have, why the sald
prayer of said bill should not be granted
1t is further ordered that said defendant
corporation. it's officers and agents be
restrained from receiving any moneys,
paving any debts, selling transferring
any assets of the corporation or eXer
cising any of its privileges or franchises
until further order OF the court
IL. 81 LESLIE c. CORNISH.
Justice Sup. Jud. Court
A true copy of bill and order OF Court
thereon. r,e, f,,a,,
Attest: {. w. JONbo' snItla,.