Hindman v. Colvin

Citations

• 47 Wash. 382
• 92 P. 139
• 1907 Wash. LEXIS 771

Syllabus

<p>Mortgages—Foreclosure—Corporations—Insolvency—Parties— Right to Intervene. Upon an action to foreclose a mortgage upon leasehold estates held by an insolvent corporation, and the appointment of a receiver for the corporation, the lessors of the property in question, who had claims against the corporation and had commenced an action to forfeit one of the leases for nonpayment of rent, in which the receiver had intervened, are not entitled to intervene in the foreclosure suit, and defend against the notes and mortgage as fraudulent, as they are simple contract debtors of the corporation without interest in the subject-matter of, and unaffected by, the foreclosure suit, they not' having reduced their claims to judgment or proved the same before the receiver.</p>