Jefferson v. Metropolitan Mortgage & Securities Co. of Alaska

OPINION

Before RABINOWITZ, C. J., and CON-NOR and BOOCHEVER, JJ. CONNOR, Justice.

Will Key Jefferson and the Hitchinrail Duplex Apartments appeal from a superior court judgment foreclosing their interest in certain property in Anchorage [hereinafter referred to as lot 4] and quieting title in the Metropolitan Mortgage and Securities Company.

In order fully to understand the background of the present appeal, it is necessary to trace the rather complex legal history of lot 4 over the last thirteen years.

On August 17, 19S9, Walter Kenyon purchased lot 4 from the appellee, Metropolitan Mortgage and…