R-W Realty Co. v. Glatzer

Motion to discharge the receiver is granted. Under section 1547 of the Civil Practice Act a receiver may be awarded, in .the discretion of the court, commissions in excess of 5% if his ' commissions so computed do not amount to $100. This statute seems to be a fair provision for the compensation of receivers in cases in which the work done by them warrants a reasonable compensation in an amount greater than 5% of the receivership funds. Section 1547 of the Civil Practice Act is an older statute than section 804-a which was added by the Laws of 1938 (L. 1938, ch. 605). Section 804-a is one of…