Security Bank of Branson, Missouri v. Speer

Appellant appeals from an order of the Boone chancery court which permitted appellees to redeem from a foreclosure sale.

The record reflects that appellees, Lee Speer and his wife, Iva Speer, were indebted to appellant, The Security Bank of Branson, Missouri, and to secure this indebtedness had executed a mortgage on land which they owned in Boone county. Upon the failure of appellees to pay the debt when due, appellant on December 1,1939, began foreclosure proceedings. February 16, 1940, appellees filed their answer and a cross-complaint. Answer to cross-complaint was filed November 7, 1940,…