Ledyard v. Phillips

Cooley, J:

This is an application by Ledyard to set aside a purchase made by him in a foreclosure suit.

The suit was instituted for the foreclosure of a mortgage given by Levi L. Phillips and wife to Eansoin E. Wood, and by "Wood assigned to Ledyard. The property mort*15gaged consisted of five hundred and eiglity-seven acres of farming land, variously estimated by witnesses as ivorth from forty dollars to eighty dollars per acre. John IV. Phillips and Solomon 0. Kingsbury were made defendants in the suit as subsequent purchasers or encumbrancers. A decree was made October 14th, 1873, that a sale…