69 Tenn. 531 | Tenn. | 1878
delivered the opinion of the court.
The trustee and creditors filed their bill to enjoin the commission of waste, and,, after the expiration of the period limited by the deed, to execute the trust by a sale of the property.
The bill has been taken for confessed as to the-husband and other defendants, except E. P. Tyree, the wife, who has been served with process, but has not answered.
In this state of the case the complainants applied' to the Hon. Geo. 'H. Nixon, Chancellor, for a receiver of the lands, upon the ground that the debtor was-insolvent, that the lands would fall short of paying, the debts secured, and that the rents and profits' would be required for the purpose. The Chancellor appointed a receiver, and this action, if there were nothing more in the case, would be clearly within the authorities and the merits. Henshaw v. Wells, 9 Hum., 568; McCall v. Cawthorn, 1 Tenn. L. R., 26; Williams v. Noland, 2 Tenn. Ch., 153.
On the 26th day of January, 1878, E. P. Tyree, the wife of T. J. Tyree, by next friend, filed her original bill in the same court against her husband, and against the trustee and beneficiaries in the trust deed, to have the deed set aside as to certain tracts of land therein designated, and to have a resulting
The appointment of the receiver was made in the suit for the execution of the trust, and was, as we have seen, justified by the facts of the case. It was a bill of foreclosure without, .so far as the pleadings show, any contest over the title to the property. The outside litigation was mentioned as a reason why a receiver should be appointed, and why an immediate sale under the trust was not desired. To sell with the cloud on the title, created by the new litigation, would be to sacrifice the property. In a case of that character, and in the attitude of the pleadings, the appointment, of a receiver was within .the competency of the court, and the order cannot be superseded under the Code, sec. 3933. It was held at the recent term at Knoxville, in Baird v. Cumberland and Stones River Turnpike Company, 1 Lea, 394, that the statute does not confer on this court the authority to super-wise the discretion of the court below in the exercise
The application is therefore disallowed.