Park v. Hudson
Supreme Court of Minnesota
Action in the district court for Hennepin county for an accounting and the cancelation of a mortgage and its foreclosure.
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Action in the district court for Hennepin county for an accounting and the cancelation of a mortgage and its foreclosure. The case was tried before Buffington, J., who made findings and as conclusions of law found that the foreclosure of the McCullough mortgage by advertisement and sale to defendant Hudson constituted a valid foreclosure sale and that defendant Hudson was entitled to $13,-636.28. From an order denying his motion ‘for amended and additional findings and conclusions or for a new trial, plaintiff appealed.
1Opinion of the CourtHolt, J.
In 1916 the Mortgage Land Investment Company, a corporation hereinafter called the mortgage company, owned lots on Twenty-ninth street and Holmes avenue in Minneapolis, and under some arrangement with it the First National Holding Company, a corporation hereinafter referred to as the holding company, erected thereon five separate apartment buildings. The enterprise involved a large expense and in December, 1916, both companies were in financial straits. Mr. A. H. Ranney was the president and the controlling power of the mortgage company and Mr. R. R. Betclier of the holding company. On four…
2Cases cited13 opinions
- Moore v. . Metropolitan National BankNew York Court of Appeals · 1873
- Lindsay v. CooperSupreme Court of Alabama · 1891
- Marling v. FitzGeraldWisconsin Supreme Court · 1909
- Adler v. PinSupreme Court of Alabama · 1885
- Moffett v. ParkerSupreme Court of Minnesota · 1898
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3Cited by2 opinions
- Mortgage Land Investment Co. v. McMainsSupreme Court of Minnesota · 1927
- Worth Savings Bank v. FosterSupreme Court of Minnesota · 1928