Legal Opinion

Sheakley v. Mechler

Supreme Court of Iowa

Decided April 1, 1924PublishedCited by 35 opinions

1Opinion of the Court

De Grape, J. —

This appeal presents the question: May a mortgagor, under the limitation of our statute, pledge, as security for a debt, the right of occupancy of the homestead, with its incidental rents and profits, during the year of redemption? A categorical answer could be given; but the importance of the inquiry requires a brief discussion of the subject-matter involved.

The record discloses that, on August 24, 1922, plaintiffs filed their petition in foreclosure, and asked judgment against the defendants William and Kate Mechler, husband and wife, in the sum of $19,379.70, with interest…

2Cases cited4 opinions

  1. First National Bank of Grand Meadow v. Security Trust & Savings Bank of Charles CitySupreme Court of Iowa · 1921
  2. Cowgell v. WarringtonSupreme Court of Iowa · 1885
  3. Durband v. NeySupreme Court of Iowa · 1923
  4. Walters v. GrahamSupreme Court of Iowa · 1920

3Cited by35 opinions

  1. Young v. StewartSupreme Court of Iowa · 1926
  2. Kooistra v. GibfordSupreme Court of Iowa · 1926
  3. Equitable Life Insurance v. BrownSupreme Court of Iowa · 1935
  4. Finken v. SchramSupreme Court of Iowa · 1931
  5. Farmers Trust & Savings Bank v. MillerSupreme Court of Iowa · 1927

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