Federal Farm Mortgage Corp. v. Bostrom

This is an appeal from an order confirming a judicial sale. Defendants challenge the sufficiency of the sale price. The record discloses that, in an action to foreclose a real estate mortgage commenced on April 24, 1936, because of defaults in the payment of interest therein stipulated on March 1, 1935, September 1, 1935, and March 1, 1936, a decree of foreclosure was duly entered in said cause on June 17, 1936. As part of said decree, on stipulation of the parties, a stay of further proceedings was granted until June 14, 1937. It appears that the order of sale upon this decree was issued on…