Apache Land & Cattle Co. v. Franklin Life Ins.

DENMAN, Circuit Judge.

The Apache Land & Cattle Company, a Colorado corporation, hereinafter called “Apache,” appeals from a summary judgment in a suit by Apache to quiet title to certain lands in Apache County, Arizona, holding Apache has no interest in such lands and that the fee simple title is in appellee, the Franklin Life Insurance Company, an Illinois corporation, hereinafter called “Franklin.”

It is agreed that Franklin, in a suit by it' as a foreign corporation to foreclose a mortgage on the lands on the nonpayment of a loan secured by the mortgage, obtained a judgment of foreclosure…