Taylorville Savings Loan & Building Ass'n v. McBride

The Taylorville Savings, Loan and Building Association filed a complaint in the circuit court of Christian county against W. B. McBride and others, seeking to have a,certificate of redemption from a foreclosure sale declared null and void. The complaint was dismissed for want of equity and plaintiff has appealed directly to this court, alleging that a freehold is involved.

The property in question was owned by Rose and Philip Schreider who executed a mortgage on it to plaintiff to secure a loan of $3000. Plaintiff subsequently foreclosed and the property was purchased by it at the master’s…