Legal Opinion

Anda Construction Co. v. First Federal Savings & Loan Ass'n, Duluth

Court of Appeals of Minnesota

Decided May 8, 1984No. C4-83-1828PublishedCited by 26 opinions

1Opinion of the Court

OPINION

LANSING, Judge.

This is an appeal arising out of a mortgage foreclosure action. The appellants only contest the amount of the judgment, not the foreclosure itself. They claim the trial court’s findings were clearly erroneous because (1) the lending institution was not authorized to make three disbursements to itself from the proceeds of a second loan, and (2) appellants did not waive their right to object to the disbursements or acquiesce in the disbursements. We affirm.

FACTS

In 1977, Anda Construction Company, Inc., borrowed $1,050,000 from First Federal Savings and Loan Association of…

2Cases cited11 opinions

  1. In Re Trust Known as Great Northern Iron Ore PropertiesSupreme Court of Minnesota · 1976
  2. Meagher v. KavliSupreme Court of Minnesota · 1958
  3. Anderson v. KammeierSupreme Court of Minnesota · 1977
  4. Telex Corporation v. Data Products CorporationSupreme Court of Minnesota · 1965
  5. Marso v. Mankato Clinic, Ltd.Supreme Court of Minnesota · 1967

6 more not listed; retrieve them via the Exa API.

3Cited by26 opinions

  1. Giuliani v. Stuart Corp.Court of Appeals of Minnesota · 1994
  2. Klink v. Ramsey County Ex Rel. ZachariasCourt of Appeals of Minnesota · 1986
  3. Cherne Contracting Corp. v. Wausau Insurance CompaniesCourt of Appeals of Minnesota · 1997
  4. Johnson v. Ramsey CountyCourt of Appeals of Minnesota · 1988
  5. American Druggists Insurance v. Thompson Lumber Co.Court of Appeals of Minnesota · 1984

21 more not listed; retrieve them via the Exa API.

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