Sherman v. Harrisburg Loan Co.

This is an appeal by' the' owner of mortgaged real property from an order appointing a receiver made under the provisions of subdivision 2, § 2475, Rev. Code 1919, which provides that a receiver may be appointed:

“In an action by a mortgagee for the foreclosure of his mortgage and sale of the mortgaged property where it appears that the mortgaged property is in danger of being lost, removed or materially injured, or that the conditions of the mortgage have! not been performed, and that the -property is probably insufficient to discharge the mortgage debt.”

The application -by the mortgagee…