Rhame v. Bank of Brunson

Citations

• 96 S.C. 411

Syllabus

<p>Receiver of Bastic. — -When the bank examiner applies to the Court for the appointment of a receiver for an unsound bank, the Court may appoint the bank examiner, the nominee of that officer, one of the Court’s officers or any other person the Court may select and may remove such receiver for neglect of duty, incompetency, dissipation, etc., and there was no abuse of discretion in this case in removing a receiver for dissipation.</p>