Koerner v. Willamette Iron Works

This is a suit brought by the purchasers at a sale under a decree foreclosing a mortgage, to require a junior lien creditor who was not a party to the foreclosure suit, and who subsequently levied upon the property under his judgment, and at a sale became the purchaser, to redeem. The court below’ entered a decree of strict foreclosure, requiring the defendant to redeem within four months, by the payment of the purchase price, with interest, and, in the event of its failure to comply therewith, that it be forever barred from making such redemption. From this decree the defendant appeals,…