Farmers' Loan & Trust Co. v. Central Railroad

MoOeaRy, G. J.

J. B. Grinnell, petitioner, was appointed by this court receiver of the Central Railroad of Iowa on or about the fifteenth day of January, 1876, to succeed one D. M. Pickering, and his compensation was fixed by the order of appointment at $3,000 per annum. Accompanying the order of appointment were instructions *61in writing from the circuit judge, (Honorable John F. Dillon,) which, among other things, directed as follows:

“ It is not expected that you will serve as superintendent. You will continue the present superintendent, or employ another, as your judgment dictates, on the…