Knickerbocker v. McKindley Coal & Mining Co.

A receiver is the hand of the court. The court is an instrumentality resorted to by parties for their convenience. A receiver is, therefore, an agent appointed by the court to serve the parties interested.

It follows that while the estate in the receiver’s hands is the primary fund out of which his proper expenses and compensation are to be paid, if the estate be insufficient or fail, the parties for whom he has acted may be compelled to pay the expense incurred for their benefit. City of St. Louis v. St. Louis Gas Light Co., 11 Mo. App. 237; affirmed, 87 Mo. 224; Einstein v. Lewis, 54 Ill.…