Stewart v. Stephenson

BOULDIN, Justice.

Appellant, as junior mortgagee of real estate, filed his bill to effectuate a statutory right of redemption coming into being upon the foreclosure of a senior mortgage. Respondents, purchasers at the foreclosure sale, interposed demurrers to the bill as amended. The court sustained the equity of the bill as regards complainant’s right of redemption, but sustained demurrers challenging the terms upon which complainant offered to redeem. Complainant appeals from that decree.

The sole inquiry presented by the record is what are the lawful charges upon redemption under the…