City of Los Angeles v. Los Angeles City Water Co.

This case was before this court upon a former appeal from an order appointing a receiver, and is reported in 124 Cal. at page 368. Upon that appeal the order appointing the receiver was reversed. Upon the present record several appeals were taken, but all have been settled and dismissed, except an appeal taken by the defendant from an order directing the receiver to pay to the assessor of the county of Los Angeles the sum of $1,845.22, the tax claimed to have been levied and assessed upon moneys and solvent credits in the hands of the receiver on the first Monday in March, 1899.

The order appointing Gibson as receiver of the water company was reversed May 5, 1899, and the remittitur was filed in the court below on July 7th. On June 7th, in reply to a letter from the county assessor demanding a statement of the taxable property in his hands, the receiver wrote that on the first Monday of March he had, as receiver, solvent credits amounting to $138,400.11, less debts due residents of the state, $757.97, leaving balance of $137,642.14, and cash collections received that day (March 6th, noon), say $749.55, and further said: “I am unable to say whether said property is subject to…