Farson v. Gorham

This was a bill in equity, brought by John Farson, trustee, against Gilbert A. Colby and others, to foreclose a certain ■trust deed which was executed on the first day of October, 1881, by Colby, to Farson, on certain property in Chicago, to ■secure $19,500 due and owing Preston, Kean & Co. The bill alleged that Colby was insolvent, and prayed that a receiver he appointed to take possession of the premises and collect the rents, as provided in the deed of trust. On the 14th day of May, 1884, the court appointed William D. Preston receiver, who went into the possession of the property. Charles…