National Bank of Aitkin v. Showell

Hilton, Justice.

Certiorari to review the granting to petitioner of a second extension of the time within which to redeem from a real estate mortgage foreclosure sale under the provisions of L. 1935, c. 47^

In 1931 the petitioner executed to relator a mortgage upon a bank building located in the county of Aitkin to secure an indebtedness of $10,000. In- 1933 the mortgage was foreclosed under a power of sale contained therein, the property being bid in by the relator for $10,458.30, the full amount then due. On June 28, 1934, in response to a petition for relief by the mortgagor (to which the…