STATE MUT. LIFE ASSUR. v. FRANTZ KLODT & SON

Nos. 45727, 45749.

237 N.W.2d 354 (1975)

STATE MUTUAL LIFE ASSURANCE COMPANY OF AMERICA, Appellant, v. FRANTZ KLODT & SON, INC., et al., Respondents.

Supreme Court of Minnesota.

November 21, 1975.


Attorney(s) appearing for the Case

Faegre & Benson and James A. Dueholm and Thomas L. Kimer, Minneapolis, for appellant.

Karlins, Grossman, Karlins, Siegel & Brill, Minneapolis, for Preferred Risk Ins. Co.

Gerald G. Dederick, Minneapolis, for the Ministers Life & Casualty Union.

Rosen, Kaplan & Ballenthin, and William S. Rosen, St. Paul, for Franklin Park Towers Corp.

Simon, Schneider & Marker, Minneapolis, for Klodt.

Considered and decided by the court en banc.


PER CURIAM.

Appeal from an order of the Hennepin County District Court denying appellant's motion for an appointment of a receiver pendente lite.1 We affirm.

This case involves an apartment complex on East Franklin Avenue in Minneapolis. Construction was financed by a $1,900,000 loan, evidenced by a note dated November 27, 1968, between respondents Franklin Park Towers Corporation (Franklin Park) and Frantz Klodt & Son, Inc...

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