Matz v. Ibach

The following opinion was filed April 9, 1940:

Martin, J.

In addition to the facts found by the court, it appears that at the time of Herzfeldt’s appointment as guardian of the person and estate of said minors, the property of the wards consisted of a mortgage on certain real estate in Shawano county, also a balance of $81.55 in a checking account in the Caroline State Bank. On or about September 26, 1930, the mortgagor obtained a federal land bank loan and, out of the proceeds of said loan, paid Herz-feldt as guardian, the sum of $7,502.15, being the full amount then due on said mortgage with…