Bansemer v. Mace

This was a suit by John C. Bansemer and others, the heirs-at-law of Loyal Fairman, deceased, against Daniel Mace and others, to set aside a sale, made under a mortgage, on the West half of northwest quarter of sec. 35, in township 23, north of range 4 west, in Tippecanoe county. The mortgage bears date of May the 3, 1839, and was executed by Fairman, while in life, to Nathan B. Palmer, superintendent of the loan office, to secure the payment of 400 dollars to the college fund, at five years, with nine per cent, interest, payable yearly in advance. It is averred in the complaint, that, on the…