Equitable Life Insurance v. McNamara

An action in foreclosure was commenced in tbe district court of Webster county, Iowa, in June, .1934, by the plaintiff, appellee, seeking to secure judgment and foreclose a mortgage of approximately $25,000 upon 354 acres of land in Webster county, Iowa. The testimony as to value of the land ranges from $32,000 to $43,000, with probably the weight of the evidence fixing the value at approximately $36,000. An application for continuance under the provisions of the so-called Moratorium Act of the 45th General Assembly, ch. 179, asking for a continuance to March 1, 1935, was filed by the…