Veranth v. Moravitz

Peterson, Justice.

Appellant applied for leave to intervene as a “vendee-defendant” in a proceeding under 3 Mason Minn. St. 1938 Supp. § 9576-2, brought by plaintiff to terminate a contract for deed between herself as vendor and appellant’s wife as vendee. He owned a building in Ely worth between $10,000 and $18,000 which was his homestead and in which he and his wife operated a hotel. They gave a mortgage on the property to a bank in the sum of $6,000. Plaintiff became the owner of the mortgage by assignment, foreclosed it, and purchased the property at the mortgage foreclosure sale.…