Burmeister v. Council Bluffs Investment Co.

Ernest A. Burmeister was the owner of certain farm land located in Pottawattamie county, Iowa. He had borrowed the sum of $17,500 from the Council Bluffs Investment Company and had given as security for said note a mortgage upon the land involved in this controversy. There was default in the terms of the note and mortgage, and foreclosure was commenced. The farm was sold under special execution to the Council Bluffs Investment Company, who, at the end of the redemption period, received a sheriff’s deed to the said property. It is the claim of Burmeister that prior to the expiration of the…