Sibley v. Baker
Michigan Supreme Court
Appeal in Chancery from Eaton Circuit. This was a foreclosure bill filed by Hiram Sibley against Jennie Baker, Alonzo Baker, Nelson G-. Isbell and O. E Winchester, trustee for the Winchester Repeating Arms Company. The facts are sufficiently set forth in the opinion.
1Opinion of the CourtCooley, J.
This is a foreclosure case, and the questions which arise-relate to the marshaling of securities. It seems that the mortgagor first gave a mortgage to complainant on three parcels of land, which for our present purpose we may designate as parcels one, two and three. Afterwards he gave a second mortgage to complainant on parcels one and two, and still later a third mortgage to defendant Winchester on parcels two and three. The complainant foreclosed the second mortgage in chancery, making Winchester a party to the suit, and the decree which he obtained directed that parcel two, for…
2Cited by4 opinions
- Detroit Savings Bank v. TruesdailMichigan Supreme Court · 1878
- Farwell v. BigelowMichigan Supreme Court · 1897
- In Re PriceUnited States Bankruptcy Court, E.D. Michigan · 1985
- McVeigh v. SherwoodMichigan Supreme Court · 1882