In Re Guardianship of Arrak

On the 9th day of February, 1925, M. O. Bakken was appointed guardian of John K. Arrak, a mental incompetent. He duly qualified and proceeded to act as such guardian. In April, 1927, the guardian invested the sum of $1,000 of the guardianship funds in a note and mortgage covering certain land in Winnebago county. The guardian made annual reports in the years 1928 and 1929, and they were approved by the district court of Winnebago county. In October, 1929, on application, the district court authorized the guardian to foreclose this mortgage, which he did, and bought the land as guardian at the…