Tabour Realty Co. v. Gannon

BÍURCH, C.

This action arises out of a receivership which has resulted in much litigation. We give the facts in chronological order. The First National Bank of Aberdeen, having a mortgage on certain real estate belonging to' Emma A. Cranmer and her husband, S. H. Cranmer, commenced an action in the circuit court of Brown county to foreclose the mortgage. On the 2d day of *270May ,1916, said bank procured an order appointing defendant Fred H. Gannon receiver. Said receiver qualified, and gave a bond with the other defendants F. B. Gannon and Frank G. Suttle as sureties. Fie entered upon his duties…