Keyser v. Federal Land Bank

The Federal Land Bank of Baltimore instituted a suit to foreclose a mortgage upon “Applewood,” a farm and orchard formerly owned by the late John W. Wood. A decree was entered in the suit in which special commissioners were appointed and directed to make sale of the property. One of them qualified, gave the required bond and in accordance with the directions in the decree offered the property at public auction. Charles W. Keyser was the highest bidder, and the property was cried off to him at his bid of $10,600. He thereupon promptly complied with the terms of sale.

The special commissioner…