Huntzicker v. Dangers
Wisconsin Supreme Court
Appeal from a judgment of the circuit court for Clark county: E. W. Helms, Judge. Action to foreclose mortgage given by defendant Burgha/rd Dangers under the following circumstances: Defendant Frederick Klopf and several others were interested as stockholders or directors in the Ueillsville Manufacturing Company, and were already under an agreement to share amongst themselves, in equal, one-seventh proportions, the supply of money or credit necessary for that company.
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Appeal from a judgment of the circuit court for Clark county: E. W. Helms, Judge. Action to foreclose mortgage given by defendant Burgha/rd Dangers under the following circumstances: Defendant Frederick Klopf and several others were interested as stockholders or directors in the Ueillsville Manufacturing Company, and were already under an agreement to share amongst themselves, in equal, one-seventh proportions, the supply of money or credit necessary for that company. It was found necessary to borrow $10,000. Klopf obtained the loan from the plaintiff by giving note and mortgage on January 7,…
1Opinion of the CourtDodoe, J.
The findings declare, inter alia, that by means of certain representations the plaintiff induced prospective buyers to- refrain from bidding at the foreclosure sale, and thereby was enabled to- bid in the lands at less than otherwise possible,- and much less than their value. This finding has support in the testimony of a witness that he desired to purchase certain eight forties, and would have gone as high as $3,000 for them, but was deterred by plaintiff’s request that he be permitted to buy without interference, as he could handle the lands to better advantage afterward at private sale,…
2Cited by2 opinions
- Winter v. KnaakWisconsin Supreme Court · 1940
- In re BultDistrict Court, E.D. Wisconsin · 1989