Meridian News & Publishing Co. v. Diem & Wing Paper Co.

Citations

• 70 Miss. 695

Syllabus

<p>Receiver. Appointment. Notice. Decree. Gu.ee.</p> <p>.Execution creditors of a newspaper publishing company, having levied on its presses and outfit, filed a bill against it and certain claimants under trust-deeds who had bonded the property, alleging that defendants were conspiring to hinder and delay complainants until the debts secured should mature, and the property could be sold, and bought in by claimants ; that the immediate appointment of a receiver was necessary.to prevent this, and to subject the income of the property. Held, that the appointment of a receiver, without notice, and before process served, was erroneous, since any wrongful disposition could have been prevented by injunction; and, further, that a decree, authorizing the receiver to continue publication of the newspaper, was too broad.</p>