Legal Opinion

Federal Land Bank of St. Paul v. Bergquist

North Dakota Supreme Court

Decided June 28, 1988No. Civ. 870245PublishedCited by 12 opinions

1Opinion of the Court

MESCHKE, Justice.

Harold J. Bergquist appealed from a deficiency judgment following foreclosure of a mortgage on his farmland. We reverse and remand for a new jury trial.

Bergquist defaulted on a note to the Federal Land Bank of St. Paul [the Bank] which was secured by a mortgage on his farmland in Walsh County. The Bank foreclosed its mortgage and the land was sold for $139,000 at a sheriffs sale.

The Bank then sued separately for a deficiency judgment, asserting that a balance of $138,160.55 remained due after the sheriffs sale. Pursuant to Section 32-19-06, N.D.C.C., a jury trial was held to…

2Cases cited9 opinions

  1. North American Pump Corp. v. Clay Equipment Corp.North Dakota Supreme Court · 1972
  2. Ferderer v. Northern Pacific Railway Co.North Dakota Supreme Court · 1950
  3. First State Bank of Cooperstown v. IhringerNorth Dakota Supreme Court · 1974
  4. First Wisconsin National Bank v. KSW Investments Inc.Wisconsin Supreme Court · 1976
  5. Estate of Zins Ex Rel. Kelsch v. ZinsNorth Dakota Supreme Court · 1988

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

3Cited by12 opinions

  1. Fayette County National Bank v. LillyWest Virginia Supreme Court · 1997
  2. Brunsoman v. ScarlettNorth Dakota Supreme Court · 1991
  3. First State Bank of New Rockford v. AndersonNorth Dakota Supreme Court · 1990
  4. Freyer v. FreyerNorth Dakota Supreme Court · 1988
  5. Douglas County Bank & Trust Co. v. StamperNebraska Supreme Court · 1993

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

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