Carolina Portland Cement Co. v. Baumgartner

This is an appeal by the complainant in the court below from an order of the chancellor, denying the application of complainant for the appointment of a receiver in foreclosure proceedings. The bill for foreclosure, which was sworn to, was filed in October, 1928. It alleged that the defendants, Baumgartner and wife, on the 25th day of November, A. D. 1927, executed and delivered to the Hearn Construction Company their note for twenty-five thousand, two hundred and fifty dollars ($25,250.00). To secure its payment they also contemporaneously executed and delivered their mortgage encumbering…