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FOGE v. SCHMIDT

Docket No. 14465.

101 Cal.App.2d 681 (1951)

226 P.2d 73

FRANK J. FOGE, Respondent, v. WALTER J. SCHMIDT et al., Appellants.

Court of Appeals of California, First District, Division Two.

January 15, 1951.

Attorney(s) appearing for the Case

William Steinberg for Appellants.

Mancuso, Herron & Winn for Respondent.

DOOLING, J.

Defendants appeal from a judgment setting aside a sale of plaintiff's property to them at a trustee's sale to satisfy an indebtedness under a third deed of trust. The court found that the property was worth at least $11,000 and that the total indebtedness secured by it did not exceed $6,600. The property was bought by the trustee for slightly under $700 for which, on the court's finding, he secured property having a clear equity of at least $4,400. The...

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