Edwards v. Fitzhugh

137 P. 582, 18 N.M. 424
New Mexico Supreme Court·Decided December 17, 1913·No. No. 1603·Published·Cited by 3 cases

Opinion

OPINION OF THE COURT.

MECHEM, D. J. —

1 The appellant’s claim to the fund is put upon one ground, viz: that it is- a surplus, of the foreclosure sale remaining after the satisfaction of the mortgagedebts, and as such belongs to him as mortgagor and owner of the equity of redemption.

Although the appellee asked that the judgment be set aside and corrected, this was not done and the judgment remains in full force and effect. The judgment is con-, elusive as to the amount of the mortgage debts. As far as the record shows, the property was sold for less than the amount of the mortgage debts,-interest, attorney’s fees and costs. Therefore there is no surplus. Such being the foundation of apjtellant’s claim to the fund in- controversy, the court did not err in denying it.

2 As the appellant has no right to the fund, he is not interested in its disposal and for that reason the assignment of error to the finding of the court that the appellee is entitled to the fund, is not considered.'

The judgment of the lower court is affirmed.

Free access — add to your briefcase to read the full text and ask questions with AI

Edwards v. Fitzhugh, 137 P. 582, 18 N.M. 424 (N.M. 1913).

137 P. 582 (Edwards v. Fitzhugh) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Venaglia v. Kropinak
1998 NMCA 043 (New Mexico Court of Appeals, 1998)
State v. Doe
566 P.2d 121 (New Mexico Court of Appeals, 1977)