Demain v. Cassidy

Citations

• 55 Miss. 320

Syllabus

<p>Chanceky. Receiver. His duties and liabilities.</p> <p>Where a stock of goods is committed to the charge of a receiver, it is his duty,, in the absence of special authority, to take the same and keep it safely, sub ject to the order of the court. But if the receiver should sell the goods, he can only be required to account for the proceeds of the actual sales and receipts, unless by negligence, misconduct, or bad faith he did not realize the full value of the property; and then he would be liable for its real value, but not for probable or speculative profits.</p>