Legal Opinion

Peterson v. Herington

Supreme Court of Minnesota

Decided October 29, 1926No. 25,595PublishedCited by 13 opinions

1Opinion of the CourtWilson, C. J.

Action to recover on a mortgage assumption clause in a deed from plaintiff to the defendants. There were findings for the plaintiff. The defendants appealed from an order denying their motion for a new trial.

In 1920 plaintiff sold a 100-acre farm to defendants for $22,500. They paid $7,000 cash, gave a second mortgage for $9,500 and assumed and agreed to pay an existing first mortgage of $6,000 with interest. Plaintiff assigned the second mortgage to a bank as collateral security to her indebtedness of about $3,732.21. The bank foreclosed the mortgage by advertisement. Sale was made on April…

2Cases cited15 opinions

  1. Locke v. HomerMassachusetts Supreme Judicial Court · 1881
  2. Claim of Wilbur v. Estate of WarrenNew York Court of Appeals · 1887
  3. Comstock v. . DrohanNew York Court of Appeals · 1877
  4. White v. SchaderCalifornia Supreme Court · 1921
  5. Rice v. SandersMassachusetts Supreme Judicial Court · 1890

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3Cited by13 opinions

  1. National Surety Corporation of New York v. EllisonCourt of Appeals for the Eighth Circuit · 1937
  2. Coleman v. Superior CourtCalifornia Court of Appeal · 1933
  3. Holt State Bank v. HamernesSupreme Court of Minnesota · 1927
  4. Gustafson v. KoehlerSupreme Court of Minnesota · 1929
  5. Windom National Bank v. RenoSupreme Court of Minnesota · 1927

8 more not listed; retrieve them via the Exa API.

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