Sandford v. Farmers' Bank
Court of Appeals of Kentucky
CASE 83 — PETITION EQUITY APPEAL PROM KENTON CIRCUIT COURT. CITED— Section 1, art. 15, 1 Slant. Rev. Stat., 327. 2 Met., 196; Forrest vs. Phillips. 7 Dana, 296, 301; Stapp vs. Phelps. CITED— 7 Dana, 233 ; Yancy vs. Halladay. 5 J. J. M., 569; Lyne vs. Bit. of Kentucky. 10 B. Mon., 263 ; Beall vs. Barclay. 10 B. Mon., 157; Grace vs. Mercer. 8 B. Mon., 542 ; Tom Davis vs. Tingle. 6 B. Mon., 113; Brothers vs. Porter. 4 J. J. M., 588; Major vs. Deer.
1Dissent
JUDGE WILLIAMS
dissenting from the opinion of the majority of THE COURT, DELIVERED THE FOLLOWING OPINION:
Arnold having indorsed for Sandford to the Farmers’ Bank for a large amount, took a mortgage on Sandford’s undivided half interest in the Magnolia House in Covington to indemnify himself against loss.
The bank having obtained a judgment and execution against Sandford and his surety, Arnold, Sandford gave up to the sheriff to be levied on the mortgaged property, which the sheriff caused to be valued, and Wade became the purchaser at execution sale at two thirds or more of the valuation sum.
San…
2Cases cited2 opinions
- Stapp v. PhelpsCourt of Appeals of Kentucky · 1838
- Moore v. SimpsonCourt of Appeals of Kentucky · 1860