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SATTERFIELD v. PETERSON

No. 35142.

114 N.W.2d 376 (1962)

173 Neb. 618

Everett SATTERFIELD, Appellant, v. Earl PETERSON and Ethel B. Peterson, his wife, Lincoln Bonding and Insurance Company, a corporation and Clarence Bain, Appellees.

Supreme Court of Nebraska.

April 6, 1962.

Attorney(s) appearing for the Case

E. L. Vogeltanz, Ord, for appellant.

Miles N. Lee, Broken Bow, for appellees.

Heard before CARTER, MESSMORE, YEAGER, SPENCER, BOSLAUGH and BROWER, JJ.

BOSLAUGH, Justice.

This is an appeal in an action to quiet title to a tract of land in Loup County, Nebraska. In 1924, W. C. Heeter, who owned the land at that time, mortgaged the land to John H. Holcombe. Holcombe assigned his mortgage to the Merchants Mutual Burglary Insurance Company. Heeter later conveyed the land to William Heider subject to the mortgage.

In 1929 the Merchants Mutual Burglary Insurance Company foreclosed the mortgage. Heider was the record...

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