Basic HTML Version
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
as were in effect at the time of the commencement of
the ex parte receivership, subject to the supervision
of the receiver. But in any event, the receiver in his
discretion shall have the right at any time by notification
to the court and the defendants to take possession and
control of the funds of the church forthwith, and deposit
them in a special receiver's account, if he deems it
necessary. That will be something completely in the
discretion of the receiver.
Now, until there has been a final disposition
of this matter by trial and an order of the trial court,
the defendants and each of them and all of their agents,
employees and all persons acting in concert with them
are hereby enjoined and restrained from interfering with
or obstructing the receiver in the discharge of his duties,
or from withholdin� fl:.a..� him any of the assets, properties,
books, or records of the. church1 and they are further
enjoined and restrained from selling, mortgaging, encumbering,
or otherwise disposing of any of the assets of the church
or its associated corporations,
Notwithstanding this injunction that I have
just referred to, however, based upon the appraisal of
the Big Sandy
campus of Ambassador College at Big Sandy,
Texas, as set forth in the declaration of Michael Wierwille
of Valuation Research Corporation, of the sale of said
real property for the sum of $10,6 million as provided
for in the pending escrow covering that sale shall be
permitted to go forward to a conclusion of said sale.