Klein v. Olstad

210 N.W. 18, 50 S.D. 310, 1926 S.D. LEXIS 364
CourtSouth Dakota Supreme Court
DecidedSeptember 7, 1926
DocketFile No. 5592
StatusPublished
Cited by1 cases

This text of 210 N.W. 18 (Klein v. Olstad) is published on Counsel Stack Legal Research, covering South Dakota Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Klein v. Olstad, 210 N.W. 18, 50 S.D. 310, 1926 S.D. LEXIS 364 (S.D. 1926).

Opinion

PÜLLE.Y. J.

The defendant and one Hegnes» purchased a quarter section of land from plaintiffs. The conveyance of thd land was made subject to two mortgages: one for $8,200, and the other for $2,8co The grantees assumed these two mortgages and agreed to oay them- as a part of the purchase price of the land.' They paid the $2,800- mortgage. They then defaulted in the payment of the tnxes and the interest on the other mortgage and said mortgage was foreclosed. The land was sold, but did not sell for enough to pay the amount of the mortgage, and a deficiency judgment was taken for the unpaid balance. Plaintiffs paid this judgment, and now bring- this action to recover the amount paid, basing their r-’ght of recovery upon defendant's agreement, made when lie- purchased the property, to pay said mortgage.

There is no dispute as to the above facts and the only -defense is that the debt secúred by the mortgage was not due at the time of the foreclosure suit. The appeal is from the judgment only. There are but two assignments of error': (1) That the complaint is insufficient to- support the judgment; and (2) that the findings1 of the court do- not support the conclusions or the judgment. There is notl 'ng in either the complaint or the findings of fact to-show when t^p note secured by the mortgage assumed by appellant [311]*311became due. The judgment is amply supported by the complaint and the findings of fact, and the sufficiency of the evidence is not presented by -,he record.

The judgment appealed from is affirmed.

DILLON, J., not present.

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Related

Juel v. Wardwell
211 N.W. 456 (South Dakota Supreme Court, 1926)

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Bluebook (online)
210 N.W. 18, 50 S.D. 310, 1926 S.D. LEXIS 364, Counsel Stack Legal Research, https://law.counselstack.com/opinion/klein-v-olstad-sd-1926.