First National Bank v. Dual

HODGE, District Judge.

Two questions are principally presented to the Court for decision in this case, which I find to be succinctly stated in the opening paragraph of the brief of the plaintiff, and that is in an action to foreclose a mortgage in which the plaintiff seeks the appointment of a receiver to collect and hold the rents and profits, (1) to what extent must there be shown an inadequacy of security under the Alaska statute; and (2) are the allegations of the complaint and the supporting affidavit relating to the inadequacy of the security sufficient. It is strenuously argued by the…