Rehberger v. Wegener

The petition alleges that the mortgaged premises are a scant security for complainant's mortgage; that the mortgagor is insolvent, and asks the appointment of a receiver. The mortgage under foreclosure is in the sum of $2,000, and there is a prior mortgage of $6,000. Interest on the prior mortgage is in default, taxes are unpaid and the complainant's mortgage is due. There is a single affidavit as to value of the premises, submitted by complainant, and in this the value is fixed at $8,000. The premises consist of a building lot on which is erected a one-family house occupied by the…