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38 S.D. 222

Hardin v. Graham

South Dakota Supreme Court

Decided January 6, 1917

South Dakota Supreme Court · decided 1917-01-06

Hon. James McNenny, Judge. On petition for rehearing. Appellant submitted1 that: • The court, in deciding this case on appeal, apparently overlooked the fact that the contention on both sides, as to the character of the sale, was intended exclusively to relate to the right of redemption from the sale, and not to any question whether or net the decree was executed; the contention being made on the one hand that the right of redemption existed because this was a foreclosure…

Cited by 1 later decisions — most recently January 1921

1 federal appellate ·

Good law ✅— No negative treatment on recordhow we know

Opinion! modified, and' rehearing denied · Decided 1917-01-06

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GATES, P. J.

¶1A petition for rehearing has been filed on behalf of appellant, the successful party upon the appeal in this case, the opinion in which, appears in 159 N. W. 895, which petition, among* other things, attacks the decision for that we held that the mortgage still stands unforeclosed and rests -upon the unexecuted decree of foreclosure, and that if redemption is made such decree will stand1 as an incumbrance upon the property, and that upon redemption the premises be decreed tó 'be in appellant subject to the unexecuted decree of foreclosure.

¶2Upon further consideration and in view of the fact that the Union Trust Company, the trustee for the bondholders, is not a *224party to this action, we deem it test to leave to the federal court the determination of whether the mortgage still stands unfore-closed and whether after redemption is made the decree of foreclosure will stand as an incumbrance upon the property and wliat the rights of the parties will ¡be after such redemption is made. Upon those questions we express no. view, and the previous opinion is to that extent modified.

¶3The judgment appealed from is reversed, and the trial court is directed to enter judgment allowing" Hardin within a reaisonahle time to pay into court the amount requisite to redeem from the sale made by the federal court receivers, and that upon such payment it be adjudged that Hardin has. made redemption from such receivers’ sale. If Hardin shall fail to make such redemption within such reasonable time as the court may direct, then the judgment appealed from may he re-entered. The clerk will tax the costs under the notice therefor and exceptions thereto-heretofore filed, and no new notice need he given. The clerk will retain the remittitur for 15 days.

¶4The petition for rehearing" is 'denied.

POUUEY, J., took no part herein.
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