Pepin v. Hoover

Refusal to quash an execution is the error alleged.

In 1930 Hoover procured judgment against Pepin for $1,800 and assigned it to Sam Cochran. Levy on seven pieces of realty was made the same year. At the sale in October Cochran’s bid of $7 was accepted. There the transaction seems to have rested until 1935, when The Midland Savings & Loan Company sued on notes issued to it by Pepin, amounts being more than $13,000. The obligations were secured by mortgages on two of the tracts of land levied on by Cochran. These notes and mortgages, however, were executed in 1929.

A second mortgage to secure…