Corbin v. Reed
Supreme Court of Iowa
Appeal from OUnton (Ji/reuit Court. The petition filed July 25th, 1873, in substance alleges that on the 30th day of July. 1870, Catharine Reed executed to George Cook a mortgage on certain described real estate to secure $3,500.00; that the mortgage was foreclosed on the 10th of August, 1872, and Catharine Reed elected to have the property sold subject to redemption; that on the 24th of January, 1873, the land was purchased by Austin Corbin at the sheriff’s sale, in trust…
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Appeal from OUnton (Ji/reuit Court. The petition filed July 25th, 1873, in substance alleges that on the 30th day of July. 1870, Catharine Reed executed to George Cook a mortgage on certain described real estate to secure $3,500.00; that the mortgage was foreclosed on the 10th of August, 1872, and Catharine Reed elected to have the property sold subject to redemption; that on the 24th of January, 1873, the land was purchased by Austin Corbin at the sheriff’s sale, in trust for the mortgagee Cook, for the whole amount due on the judgment, interest and costs; that Catharine Reed has leased the…
1Opinion of the CourtDay, J.
1, eiiant i *judi-" eiai sale. I. It is insisted that the court erred in sustaining defendant’s demurrer to the claim of plaintiff for damages on account of waste committed before the sheriff’s sale> We are satisfied that this action of the court was rxgbt. The plaintiff bid in the property at the sheriff’s sale, for the amount of the debt, interest and costs. He took the property in its then condition for the amount of his claim. Having satisfied his claim by bidding in property he has no right to recover more. We need not determine what might be his rights upon the covenants in the…
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- Union Central Life Insurance v. BracewellSupreme Court of Iowa · 1930
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