McKenna v. Sachse

Mortgagees sought a decree in personam for $11,195.02, the deficiency shown in the auditor’s account after foreclosure. They had bought in the property and resold it several months later at a $9,000 profit. The chancellor charged them with half of this profit and with $1,500, the sum the mortgagors had paid on a deficiency after foreclosure of another mortgage they had made and the mortgagees had assumed, and entered a decree in personam for $5,195.00 (the two cents seem to have been overlooked). The mortgagees appealed.

In 1955 Louis and Mary Barattini bought from John and Mary McKenna a…