Continental Casualty Co. v. Brawner

THOMAS, Justice.

This is not a suit in equity to redeem from a mortgage sale, or that of a pledge; and the fact that a mortgagee purchased the property at a grossly inadequate price at his own foreclosure sale is held to be no defense at law. Dean v. Lyde, 223 Ala. 394, 136 So. 857; Coleman v. Solomon, 225 Ala. 407, 143 So. 576; Hicks v. Dowdy, 202 Ala. 535, 81 So. 37; Barnett v. Dowdy, 207 Ala. 641, 93 So. 638; Jones on Chattel Mortgages, § 808-a. The case of Suring State Bank v. Giese (Wis.) 246 N. W. 556, which was for the confirmation of a sale made pursuant to the court’s order, wherein a…