Noll v. Union Joint Stock Land Bank

This cause concerns itself with the regrettable situation of a mortgage created during the period of high farm land prices, and the enforcement of payment during the period lately, and still present, of the absence of any real market for farm properties.

The mortgagors have been in default since November 1, 1932, and unpaid taxes, said to have now reached the sum of $1,-500, have in effect been added to the mortgage debt.

The petition was filed under the original Frazier-Lemke Act (June 28, 1934, 48 Stat. 1289), and a restraining order issued. This was on July 25, 1935, vacated without…