Canadian & American Mortgage & Trust Co. v. Blake
Canadian & American Mortgage & Trust Co. v. Blake
Opinion of the Court
The opinion of the court was delivered by
This was an action by respondent against appellants to foreclose a mortgage. The mortgage was executed February, 3, 1893, and suit to foreclose the same was commenced on the 2d day of May, 1899. The court decreed that the purchaser was entitled to immediate possession of the land to be sold, after sale. From this portion of the decree this appeal is taken.
The trial court held that § 15, ch. 53, Laws 1899, which provides that, in case of any homestead occupied for that purpose at the time of sale, the judgment debtor shall have the right of redemption without accounting for issues or value of occupation, was unconstitutional
Reavis, O. J., and Fullerton and Anders, JJ., concur.
Reference
- Full Case Name
- Canadian and American Mortgage & Trust Company, Limited v. Benjamin W. Blake et ux.
- Cited By
- 5 cases
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- Published
- Syllabus
- MORTGAGE FORECLOSURE'-REDEMPTION PERIOD-OCCUPATION OP PREMISES BY DEBTOR-CONSTITUTIONAL LAW. Laws 1899, p. 93, § 15, which provides that in case of the sale on execution of any homestead occupied for that purpose, the judgment debtor shall have the right to retain possession thereof during the period of redemption without accounting for issues or value of- occupation is unconstitutional as to foreclosure sales under mortgages executed prior to its passage, when the law in force gave the purchaser on foreclosure sale the right of possession from the day of sale.