Cooper v. Finke
Supreme Court of Minnesota
The plaintiff brought this action in the district court for Nobles county, alleging in his complaint, in substance, the following facts: • In 1880 the defendant Halverson, who was the owner of a quarter-section of land, mortgaged it to the defendant, the Edinburgh American Land Mortgage Company, to secure the payment of the sum of $400, with interest at the rate of nine and one-half per cent, per annum.
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The plaintiff brought this action in the district court for Nobles county, alleging in his complaint, in substance, the following facts: • In 1880 the defendant Halverson, who was the owner of a quarter-section of land, mortgaged it to the defendant, the Edinburgh American Land Mortgage Company, to secure the payment of the sum of $400, with interest at the rate of nine and one-half per cent, per annum. Default having been made in the payment of this mortgage, it was foreclosed by advertisement, the sale being made on August 2, 1884, to the Mortgage Company for $558.39. On January 27, 1885,…
1Opinion of the CourtMitchell, J.
The record chain of title to the land in controversy, as far as here material, is as follows: Halverson, the owner of the whole quarter-section, executed to the Edinburgh American Land Mortgage Company a mortgage for $400, and a second mortgage to plaintiff for $65, and subject to these two mortgages subsequently *5conveyed one 80 to tlie defendant Edward Cooper, and the other 80 to defendant Nelson, who conveyed to the defendant Finke, taking back a purchase-money mortgage. Default having been made in the first mortgage, the Edinburgh Company foreclosed, and on August 2, 1884, bid in the…
2Cases cited2 opinions
- James v. WilderSupreme Court of Minnesota · 1878
- Lindley v. CrombieSupreme Court of Minnesota · 1883
3Cited by2 opinions
- Meland v. YoungbergSupreme Court of Minnesota · 1914
- Tuttle v. BoshartSupreme Court of Minnesota · 1903