Peyton v. Peyton

YOUNG, Justice.

This appeal is from an order of receivership, the main suit involving the estate of W. M. Peyton, Sr., who died, testate, in 1945; concerning which properties Norman Francis Peyton, plaintiff, and Wm. Marcus Peyton, Jr., defendant, are rival claimants. Estimated value of the subj ect matter herein is $3,000,000, having an income in early 195S of $15,000 per month. Emory H. Wylie was appointed as such receiver after a prolonged hearing, upon approval of $50,000 bond, with ample powers relative to administration of the assets in controversy until further orders of court;…