Legal Opinion
Council Bluffs Investment Co. v. Kay
Supreme Court of Iowa
Decided June 23, 1934No. 42498PublishedCited by 3 opinions
1Opinion of the CourtMitchell, J.
Claus H. Kay was the owner of 240 acres of land in Cass county, Iowa. He had mortgaged the same for $10,000 to the Packers National Bank of Omaha, Nebraska. There was delinquent interest and part of the principal. The land was subject to an annuity of $300 per year in favor of his mother. This annuity was a prior lien on the land. A considerable amount of the annuity was in arrears. The Packers National Bank of Omaha, Nebraska, sold the mortgage to the Council Bluffs Investment Company.
The Council Bluffs Investment Company filed its petition in equity to foreclose this mortgage, joining among…
2Cases cited8 opinions
- Street v. BealSupreme Court of Iowa · 1864
- Douglass v. BishopSupreme Court of Iowa · 1869
- Knowles v. RablinSupreme Court of Iowa · 1865
- Equitable Life Assurance Society of the United States v. KramerSupreme Court of Iowa · 1934
- Massie v. WilsonSupreme Court of Iowa · 1864
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3Cited by3 opinions
- Buss v. Prudential Ins. Co. of AmericaCourt of Appeals for the Eighth Circuit · 1942
- Metropolitan Life Insurance v. HodappSupreme Court of Iowa · 1935
- Sibley State Bank v. Robert Zylstra, Assignee of Dale W. Braaksma, Danna S. Braaksma, and Jesse Dale BraaksmaCourt of Appeals of Iowa · 2020