Hanson v. Federal Land Bank

An action was instituted by the trustee of the Reeves estate for the cancellation of the defendant bank’s mortgage foreclosure. It would appear that the mortgage in question became effective in 1925; that at that time there were in effect certain statutes relating to mortgage foreclosure by advertisement, namely, sections 2876 to 2886, 19x9 South Dakota Revised Code. Section 2879 provided that the notice of foreclosure must be published once a week for six consecutive weeks. The Legislature by chapter 177 of the S. D. Session Laws for the year 1929 shortened the time of publication by stating…