Alaska Southern Co. v. First National Bank

Birdsong, Judge.

These are companion appeals from the trial court’s confirmations of sale under foreclosure pursuant to Code Ann. § 67-1504. In both appeals, the appellants urge that the properties were not sold at their true market values. Held:

In Case 62928, the evidence as to the fair market value ranged from $17,000.00 (value determined by landowner) to $6,000.00 (value determined by an appraiser for the appellee).

In Case 62929, the evidence as to fair market value ranged from $165,000.00 (value determined by landowner) to $65,000.00 (testified to by agent for appellee and appraiser of…