Ohio Court of Appeals February 9, 1931 (American Savings Bank Co. v. Union Trust Co.)

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United States · · · 09-02-1931

LEVINE, J.

It will be noticed that certain specified powers are vested in the receiver, such as “take and keep possession of the property, receive rents, etc.” The power to borrow money for the purpose of making repairs is not specified in this section and would, of course, have to be embraced' in the phrase “and generally do such acts respecting the property, as the court authorizes.

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