Riedermann v. Stewart

The suit in this case arises out of the following state of facts:

Ben and Mary Harris executed a mortgage on certain land to the' appellant, Henry Riedermann. Riedermann, in a conversation -with the appellee, stated that the mortgagors were in default, and suggested the purchase of the property by the appellee, who lived near by. Subsequently Riedermann caused a notice to be published, which stated that the mortgage was in default and that it would be foreclosed under the powers therein contained. At this sale the appellee was the highest bidder, his bid being $350, which he paid. The…