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ANDERSON v. FIRST NAT. BANK OF PINE CITY

No. 45209.

228 N.W.2d 257 (1975)

Howard ANDERSON et al., Respondents, v. FIRST NATIONAL BANK OF PINE CITY, Appellant.

Supreme Court of Minnesota.

March 28, 1975.

Attorney(s) appearing for the Case

George W. Colburn, Pine City, Harry N. Ray, Minneapolis, for appellant.

Vogel, Nemo, Chrysler & Stapleton, and E. Martin Stapleton, St. Paul, for respondents.

Heard before OTIS, KELLY, and CHANAK, JJ., and considered and decided by the court en banc.

NICHOLAS S. CHANAK, Justice.*

Plaintiffs brought this action in the District Court of Pine County to cancel a mortgage deed. Defendant appeals from a judgment in favor of plaintiffs after trial by the court without a jury. We affirm.

Plaintiffs, husband and wife, as joint tenants owned a homestead situated in Pine County. During 1970, plaintiffs desired a consolidation loan to reduce the monthly payments on other loans made to...

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