Summary

Spring Valley Water Company v. City and County of San Francisco…

The money assessed was in litigation, was in the custody of the court and was by its direction placed in the bank in a special account subject to the control of the court. Moreover the assessment to the bank which held the money for the court was a direct compliance with the terms of the section, the description 'receiver' being employed in the statute not in a technical sense but as embracing any person acting as agent or depository of funds for a court.
Source: Wikisource

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