COHEN v. SHERMAN


279 A.D. 939 (1952)

Louis Cohen, as Receiver of Sanford Hotel Corp., Appellant, v. Leo E. Sherman, Respondent, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, Second Department.

March 31, 1952.


Order affirmed, with $10 costs and disbursements.

A temporary receiver is merely a custodian and agent of the court, whose functions are limited to the care and preservation of the property committed to his charge and who does not supersede the corporation in the exercise of its corporate powers except as to the particular property confided to him, with title to its property remaining in the corporation. (Decker v. Gardner, 124 N.Y. 334, 338-339; Sigua Iron...

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