Hudson v. Kootenai Fox Farms Co.

Respondent brought this action to foreclose two mortgages, covering real and personal property, given by appellant corporation to secure moneys advanced to it. Respondent was the president of the corporation when the moneys were advanced, and one Leonard the secretary. After admission of service of the complaint by the secretary and a pretended waiver by him of the right of the corporation to appear and answer, a decree of foreclosure was entered in favor o’f respondent, upon submission of his proof, and he took immediate possession of the real and personal property covered by the mortgages,…