Seignious v. Pate

Citations

• 32 S.C. 134
• 10 S.E. 880
• 1890 S.C. LEXIS 22

Syllabus

<p>A mortgagee of land, even after condition broken, and upon the insolvency of the mortgagor and insuificiency of the mortgaged premises, is not entitled as of legal right, to have a receiver appointed pendente lite to collect the rents and profits of the land to be applied to the payment of the mortgage debt; nor is the mortgagee in such case so entitled in equity, after a general assignment by the mortgagor for the benefit of all his creditors, subject to existing liens.</p>