RAIT v. FEDERAL LAND BANK OF ST. PAUL

Nos. 12401, 12452.

135 F.2d 447 (1943)

RAIT v. FEDERAL LAND BANK OF ST. PAUL et al.

Circuit Court of Appeals, Eighth Circuit.

Motion to Modify Denied May 24, 1943.


Attorney(s) appearing for the Case

William Lemke, of Fargo N. D. (E. A. Tannas, of Crosby, N. D., on the brief), for appellant.

John F. Lord, of St. Paul, Minn. (Robert J. Barry and A. L. Quilling, both of St. Paul, Minn., on the brief), for appellees.

Before SANBORN, WOODROUGH, and JOHNSEN, Circuit Judges.


JOHNSEN, Circuit Judge.

In a proceeding under section 75, sub. s, of the Bankruptcy Act, 11 U.S.C.A. § 203, sub. s, the farmer-debtor's land was appraised at $2,160, which amount he paid into court two months later, for the purpose of making a redemption. On request of the first and second mortgagees, whose liens against the property totalled over $11,000, the conciliation commissioner held a hearing, and he similarly fixed the value at $2,160. The secured creditors...

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