First National Bank v. Wood

The assignee claims to charge the estate of the receiver with interest for twelve years on $3,176.85, at the rate of four per cent, on account of the negligence of the receiver to invest that sum so that it would draw interest; to also charge him with the full amount of a bond and mortgage for $600 on the ground that there was nothing to justify the receiver in selling it *279for $150; and also to strike out the sum of $166.34 commissions allowed to the receiver.

The receivership was created pending this litigation, brought in 1887, to set aside the assignment of the defendants Wood, which…