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FIRST WIS. NAT. BANK OF OSHKOSH v. KSW INV.

No. 628 (1974).

71 Wis.2d 359 (1976)

238 N.W.2d 123

FIRST WISCONSIN NATIONAL BANK OF OSHKOSH, a U. S. corporation, Respondent, v. KSW INVESTMENTS, INC., a Wisconsin corporation, Appellant: KRAMER and others, Defendants.

Supreme Court of Wisconsin.

Decided February 10, 1976.

Attorney(s) appearing for the Case

For the appellant there was a brief by Berk, Pressentin & Hoida of Green Bay.

For the respondent there was a brief by Timothy M. Dempsey and Dempsey, Magnusen, Williamson & Lampe of Oshkosh.

DAY, J.

This is an appeal from an order confirming the price bid by the mortgagee, First Wisconsin National Bank of Oshkosh, at a foreclosure sale, and which also ordered a deficiency judgment against the appellant in the amount of $124,458.06. The issue raised is whether the price bid by the mortgagee was so inadequate as to result in an injustice to the owners of the property, if approved. Home Bank v. Becker (1970), 48 Wis.2d 1

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