Northwestern Loan & Trust Co. v. Bidinger

In refusing to confirm the second sale, the court apparently intended to act in pursuance of the equitable rules stated in Suring State Bank v. Giese, 210 Wis. 489, 246 N. W. 556, and in compliance with sec. 278.105 (2), Stats. 1935, which provides:

“In case the mortgaged premises sell for less than the amount due and to become due on the mortgage debt and costs of sale, there shall be no presumption that such premises sold for their fair value and no sale shall be confirmed and judgment for deficiency rendered, until the court is satisfied that the fair value of the premises sold has been…