Legal Opinion

Redfield v. Collopy

Nebraska Supreme Court

Decided November 19, 1937No. 30097PublishedCited by 2 opinions

1Opinion of the CourtCarter, J.

This is a suit to foreclose a mortgage on 120 acres of land in Scotts Bluff county. The property was sold under an order of sale pursuant to a decree of foreclosure for $1,650. From an order confirming this sale, defendants appeal.

The only question raised that requires consideration is whether the price for which the mortgaged property was sold was so grossly disproportionate to its value as to be unconscionable in a court of equity.

Defendants offered in evidence the affidavits of four witnesses who stated that the mortgaged real estate was of the value of $8,000. There is no evidence in the…

2Cases cited1 opinion

  1. Filley v. MancusoNebraska Supreme Court · 1937

3Cited by2 opinions

  1. Federal Farm Mortgage Corp. v. PophamNebraska Supreme Court · 1940
  2. Federal Land Bank v. MillerNebraska Supreme Court · 1941

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