Lechner v. Green

On a sworn bill to foreclose a trust deed, supported by the affidavit of a real estate dealer in Chicago, to which was opposed the affidavits of eight real estate dealers in Chicago, the chancellor appointed a receiver. The trust deed conveys the premises sought to be foreclosed and the “ rents and profits ” thereof as security for the debt, and provides that on the filing of a bill to foreclose it, the court may, without notice, appoint a receiver for the benefit of the holder of the indebtedness, “ with power to collect the rents, issues and profits of said premises during the pend-ency of…