The opinion of the court was delivered by
PARKER, C.J.:
This is an appeal from a final order appointing a receiver.
The facts required to dispose of the decisive appellate issue involved are not in dispute and may be stated thus:
On October 16, 1961, Bert Redfearn (hereinafter referred to as the plaintiff) filed a verified petition in the office of the clerk of the district court of Bourbon County against the Bronson Mutual Telephone
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