The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-04-22

North Carolina, Buncombe County,
In the Superior Court,
Theodore S. Morrison, +. Il. Thrall, w.
l.. Shope, l.. T.. McLoud, Neil Lee,
duff Merrick, Mrs. G.. NJ. Bearden, K.
H. Zachary, w. G. Doolittle, and j. Il.
Rankin, Plaintiffs,
vs..
Southern Building and Loan Association,
Defendants.
order appointing temporary Receiver.
Upon the reading and filing of the YER
fled bill of complaint of the plaintiffs
herein used as an affidavit, and it APP
pearing to the court from the facts
therein set forth that the defendant as
ISOLATION is insolvent, and that receivers
have been appointed by the Chancery
court of the State Of Tennessee, at Knox
vile. 10 take charge of the assets of said
defendant association in said State in
which is situated the principal office of
said association, and to wind up its bust
ness; 1t is now, on motion Of Duff Mer-
rick, attorney for the plaintiffs, ordered,
adjudged and decreed by the court that
Lawrence p. McLoud, Of the City Of
Asheville, State of North Carolina, be
and is hereby appointed the temporary
receiver of this court Of all and singular
the property and assets in the State Of
North Carolina Of the said defendant, the
Southern Building and Loan Association,
including all money, all debts due 10 SAID
association, all lands and all osser prop
erty Of every kind and description now
held or owned by said defendant associa-
tion In the eaad State Of North Caro-
lima; t. have and to hold the same as
the officer Of and under the direction and
orders Ct this court
The said receiver b hereby authorized
and directed to take immediate possession
Of ell and singular the property above
described and to proceed to the collection
Of all the debts due to said association by
residents Of the said State Of North Caro-
lima. ,4 .sc..
Each and every Of the officers, agents
and emp&syes Of said defendants, the
Southern Building and Loan Association.
are hereby en}otned end restrained from
IN any way disposing Of Its assets and
from collecting the debts due to said de-
fendant association, and such officers and
agents Of said company are hereby COM
manded forthwith to turn over and deliver
to eaid receiver hereinbefore appointed all
books, papers, moneys or other property
OF the said defendant Association under
their control.
The defendant corporation, its officers
and all stockholders therein and other
persons interested in sa,i cnrpor'''ou as
creditors or otherwise. n NOT Il ! 70 ap-
pear before the underai ;ns Ind = II 'he
Superior court Of tie ;t't5: OF N'rth
Carolina, at Ashevi.f, ;, - said State, on
the 1st day Of May, vt. 1t - o'c'ocG
q. m, to show cause, D.. my they have
why a permanent rec-is eh'll not b
appointed for tha II 1t sail CORPORA,
zion within the Srn,. ~ North & -".ina
and in the State It North Carolina, and
such other orders made and proceedings
had as to the court may seem meet and
proper.
1t is ordered that copy Of this order
be published forwith by the temporary
receiver in the Raleigh News and Obser-
yer, newspaper published in the capital
of the State, the Asheville Citizen, a
newspaper published in said city of Ashe-
vile, and the Washington Gazette,
newspaper published in Washington, NC.
The said temporary receiver is hereby
required to make and file with the clerk
of the court a justified bond In the sum
of two thousand dollars, with the usual
conditions for receivers bonds, before he
shall enter upon the duties Of his office.
All creditors of said defendant associa-
ton are hereby enjoined from in any way
intermeddling with the property hereby
directed to be turned over to said receiver
and taken charge Of by him. and the said
defendant association. its officers and
agents. are hereby enjoined from inter-
fering with or disposing of said property
in any way, excepting under orders of this
court.
Done at Chambers. in said city of Ashe-
Vile. Bunconbe County. N. c., on this
the 18th day If April, 1907
TSigneti.l
I - q. r. Brow e."
-'tS's -. I%3., a..