Bank Savings Life Insurance v. Gann

The opinion of the court was delivered by

Dawson, J.:

This action was brought to foreclose plaintiff’s mortgage on some 4,000 acres of Finney county land. Foreclosure was not resisted, but it precipitated sharply contested issues between various parties defendant who held junior liens and claims against the principal mortagor, W. T. Gann.

George I. Gann was a man of considerable means who had become somewhat involved in the ranching and cattle business of his brother, W. T. Gann, in southwestern Kansas. The latter had suffered severe losses by the slump in price of cattle in 1921. In the late…