Greenbaum v. Lafayette & Broad Realty Corp.

The opinion of the court was delivered by

Lloyd, J.

The court of chancery on a bill and affidavits filed by the complainant, Greebaum, appointed a receiver for the Lafayette & Broad Realty Corporation in the person of A. M. Reynolds, with directions to conduct the business of the corporation. The receiver took control of the property of the company and proceeded to administer his trust. On appeal the court of errors and appeals reversed the order appointing the receiver in an opinion clearly evincing that the order of the court below was improvidently made and upon insufficient grounds. 2 N. J.…