New York Supreme Court March 15, 1886 (Metropolitan Trust Co. v. Tonawanda Valley & Cuba Railroad)

Barker, J.:

As tbe receiver was appointed on tbe application of tbe plaintiff, the trustee for tbe bondholders, the legal questions presented are to be considered and determined in view of tbe facts that both tbe mortgagor and mortgagee consented to all the terms and conditions contained in tbe order of bis appointment, which confers upon him tbe power and authority to take possession of,