City National Bank v. Bridgers
City National Bank v. Bridgers
Opinion of the Court
The complaint and answer are used as affidavits in the case on the application for-an injunction and receiver. It -was not necessary that the Judge below should “find the facts” further than to examine the affidavits and determine whether sufficient cause was shown for the ancillary relief sought pending the action. In proceedings of the present nature this Court in the exercise of its equitable jurisdiction is required to pass upon the facts as well as the law. Jones v. Boyd, 80 N. C., 258. A serious controversy exists between the parties to this action, involving the bona Jules of a deed of assignment made by defendants Garris & Bridgers to J. L>. Bottoms; the insolvency of the trustee is positively averred by plaintiff and the defendants simply allege their belief that he is not insolvent. Iiis Honor required him, for the protection of the estate, to give bond in $1,000, and upon his refusal to give such bond appointed a receiver. No questions as to exemptions were necessary to be determined in this order made for the preservation of the property or fund pending the litigation; it is now in the hands of an officer of the Court and all these matters may be determined in good time.
Reference
- Full Case Name
- CITY NATIONAL BANK v. D. E. BRIDGERS
- Cited By
- 2 cases
- Status
- Published
- Syllabus
- Practice — Injunction—Receiver. 1. Upon an application for an injunction and receiver it is not necessary for the Judge to “find the facts” further than to examine the affidavits and determine whether sufficient cause is shown for the ancillary relief. 2. Where the insolvency of a trustee in a deed of assignment was questioned and it was positively alleged bv the plaintiff, and the defendants simply allege their belief that he was not insolvent; and, upon being required to give bond, the trustee refused so to do: Held, that it is proper to appoint a receiver'to take charge of the assigned estate pending the litigation.