HomeMy WebLinkAbout0412 ~ ~ . ~ ~ ~
~ To :.n~titute, prosecute, deEend, compromise, adjust, -
in~erv~:~~ in or become a party to such other actions or proceed-
~~r.s 1::~•: ar in equity, in state or federal courts, as may
2„~ ~1z ;4ug,:.Lr.t be r.~cessary or advisable for the protection,
~anar,.:c and preservation of the property and assets of ,
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t ;2 ;.~it :i:: esLate .
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7. That ur.til the further order of this court, said ~
rece~ver~, ia tneir discretion, be and they hereby are, authorized €
~o p~y =ro:n ti^~e to tim.e , out of any and all funds now or here _
azte~ cc:;:ing into t~ ~ir hw :ds and available for such purposes:
All costs for conducting and operating the business
oi czwtor corporation including the payment of all taxes and i
s~:;i~ar charges laca~u2ly incurred in the operation of the business
ar.d i:.:e p~eservation and naintenance of the property and assets
of z'r:e ~a~thir. estate since the tiling of said petition;
(b; ~11 pro~er expenses and obligations incurred by them ~
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oz or z~~e~- tne clate of this order in operating the business
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. Gr:: Uresarvi: g and r.aintaining the property and assets of the _ ~
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~ :•:it : es:.ate, as nerein authorized, including arr~ong other i
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~ ~:;~~::;,~5 a::a ob? igations, the reasonable wages, salaries and 1
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co::p~~sa~~cr. o~ all r:.anagers, agents, employees and servants, .
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eTMalcv~~ ~v the::,; _ ~
;c; T;ze cost of raaintaining the corporate existence of
~ said deb~or, including necessary expenses for the preservation ~
o~ reco~.:.s;
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(u; Tne expense o~ printing and mailing and ofopublish- ~
, yry ;.~~~.ces to cre~itors, stockholders and all otber parties in
i~t::rLst o~ nrocee~ings taken hereunder, and of printing the `
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~~~w,~=::;~s, r.~otions, netitions and orders now on file or hereafter
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~ t~~.~;: ~r. ~::is case reasonably necessary to be printed. ~
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~ . •in~t su~.c receivers sha? 1 open or maintain a baak
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' L~,~;,•.:r ban:c accounts in banking institutions for the money
~ 'vers shall close
ur.c~r t: ~ act; tha~ said recei
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~ooks c~ account oi said debtor, as of the
BOOK PAGE 4i2
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