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Receiver's certificates

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

Certificates of indebtedness issued by a receiver, as surety for money borrowed, to carry on the receivership. They are usually made a first lien on the property.

See 117 U. S. 434.