Sibson v. Hamilton & Rourke Co.
Sibson v. Hamilton & Rourke Co.
Opinion of the Court
Appeal from an order of the superior court of Whitman county appointing a receiver of certain property of respondent which had been delivered to appellants as trustees. From the record we have concluded that the order should be affirmed, for the reason that it appears to us that Rourke was the agent of the appellants, and not of the respondent. He was appointed by appellants, subject to removal by them; and, however great his interest in the respondent corporation might be, it did not relieve appellants of the duty to respondent of seeing that the trust property was not destroyed, or the object of the trust rendered nugatory, through the act of appellants’ agent. Hpon the record here presented — not desiring to go beyond it, or to prejudice the case that may come here upon appeal from the final judgment — we are constrained to hold that the respondent corporation is not chargeable
Upon the record, we think the trial court did not abuse its discretion, and the order will be affirmed.
Reference
- Full Case Name
- William S. Sibson v. The Hamilton & Rourke Company
- Status
- Published
- Syllabus
- RECEIVERS — APPOINTMENT IN FORECLOSURE SUIT. In an action to foreclose a mortgage upon an elevator system, the mortgagor, a corporation, is entitled to the appointment of a receiver, where it had turned the system over to the mortgagee, authorizing the latter to operate it and apply the profits to the payment of the mortgage debt, although the mortgagee, in the operation of the business, placed one of the mortgagor’s chief officers in charge thereof, who, by reason of speculation and the adoption of illegitimate business methods, lost money, since such officer was the agent of the mortgagee, even if largely interested in the mortgagor corporation. INJUNCTION — RESTRAINING INSTITUTION OF ACTIONS — EFFECT OF DB-CREE. An injunction prohibiting the complainant in a suit from commencing further suits auxiliary to the main suit does not prevent the complainant from making any defense, or prosecuting any cross action, with reference to the subject matter of the original suit, when subsequently sued by the defendants in that action.