State v. Port Royal & Augusta R. R.

Citations

• 45 S.C. 464

Syllabus

<p>1. ORDER — Receiver — Railroad — Corporation — Appeal.— An. order by a Circuit Judge authorizing a receiver of a railroad to expend funds belonging to the corporation is appealable.</p> <p>2. Order — Receiver —• Railroad — Notice — Corporation. — An order authorizing a receiver of a railroad to expend funds of the corporation, should not be made without notice to the parties interested in the fund.</p> <p>3. Receiver — Railroad.—A receiver of a railroad may expend funds belonging to the corporation, without application to the Court, in emergencies to preserve the property and for the public good, relying1 on the Court to afterwards confirm such expenditures.</p>