Franklin National Bank v. Hall

The judgment creditor, by order to show cause, has applied for an order appointing a receiver pursuant to the provisions of CPLR 5228. This motion was granted by default with a direction that an order be submitted. Such proposed order has been submitted in which the judgment *737creditor asks that it be appointed receiver of the property of the judgment debtor.

Two questions are immediately apparent to the court: (1) May a bank be appointed receiver in supplementary proceedings? (2) Whether a judgment creditor may be appointed receiver? In answer to the first question, the only decision that the…