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ARNOLD v. MOATS

No. 18,180.

122 Ind. App. 431 (1952)

105 N.E.2d 833

ARNOLD ET AL. v. MOATS ET AL.

Court of Appeals of Indiana.

Filed May 16, 1952.

Attorney(s) appearing for the Case

Solly K. Frankenstein and Lester E. Frankenstein, both of Fort Wayne, for appellants.

Clarence R. McNabb and Thomas A. Gallmeyer, both of Fort Wayne, for appellees.

ACHOR, J.

This is an action by appellees to foreclose a second mortgage on real estate against the appellants. This mortgage was executed in connection with the refinancing of the property, whereby appellants took title to the real estate formerly purchased by appellants from appellees under a conditional sales contract. A compromise settlement of the indebtedness was accomplished by the execution of a first mortgage to the Home Owners Loan Corporation by appellants...

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