Mitchell v. . Shuford

ClaeicsoN, J".

The question involved in tbis appeal is whether or not John Mitchell, Chief State Bank Examiner for the Corporation Commission, as liquidating agent of Central Bank and Trust Company of Asheville, an insolvent bank in the hands of said agent of said commission, can exercise the power of sale contained in a deed of trust to said bank as trustee, and make a deed to the purchaser at the sale under the power when such bank did not suspend operations and such examiner for said corporation did not take possession of said bank until after default, whereby the power of sale in such deed…