Shepard v. Barrett

Backes, V. C.

This bill is for a strict foreclosure. The complainant’s original bill went to a decree and sale, at which she became the purchaser, and now is in possession of the mortgaged property. The American Mortgage Company, holder of a second mortgage, was made a party defendant, but on the day the bill was filed the company was adjudged insolvent, and Mr. Halsey M. Barrett was appointed receiver. The American Mortgage Company was not served with process, and the receiver, to whom title to the company’s mortgage passed, was not made a party to the suit. The receiver has since sold his…