Equitable Life Assurance Society of the United States v. Pendar

This appeal involves a construction of chapter 207, Raws of 1937. The question of the effective date of the law was disposed of in the case of Culhane v. Equitable Life Assurance Society, 65, S. D. 337, 274 N. W. 315.

So fax as here material the law under consideration is as follows:

“Section 2. Where any mortgage upon real property has been foreclosed, either by action or advertisement, and the period of redemption has not yet expired or has been extended by an order of the Court having jurisdiction in the premises where a sale is hereafter had1 on foreclosure proceedings now pending or which…