Woodall v. North Carolina Joint Stock Land Bank of Durham

C. S., 860, in part, is as follows: “A receiver may be appointed (1) before judgment, on the application of either party, when he establishes an apparent right to property which is the subject of the action and in the possession of an adverse party, and the property or its rents and profits are in danger of being lost, or materially injured or impaired; except in eases where judgment upon failure to answer may be had on application to the court.” N. 0. Prac. & Proe. (McIntosh), sec. 887, p. 1002; see. 888, p. 1003.

C. S., 861: “In all cases where there is an application for the appointment of…