Equitable Life Assurance Society of United States v. Kirby

The record in this case clearly shows without dispute that J. P. Winters, appellee and record titleholder, at whose, instance the trial court granted an extension of the period of redemption to March 1, 1937, obtained title to the real estate purely for speculative purposes, long after tlie moratorium statutes were in force. He was by occupation secretary to a doctor located at Storm Lake, Iowa. He swapped some South Dakota land, the value of which is an unknown quantity, for the 300-acre farm in question in Clay county, Iowa, prior to the time this foreclosure suit was commenced. On the same…