Marshfield Oil Co. v. Zank

This action was commenced by the Marshfield Oil Company to foreclose a real-estate mortgage. Some of the parties defendant held second and third mortgages on the premises. The plaintiff made no application, for the appointment of a receiver. However, on the application of Cora Mabel Dahl, a third mortgagee, made on her own behalf and on behalf of her codefendants, a receiver was appointed to collect the rents and profits of the mortgaged premises, and in and by the terms of such appointment the receiver was ordered to hold the proceeds arising from his management of the premises subject to…