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MINISTERS L. & CAS. U. v. FRANKLIN PARK TOWERS

No. 45456.

239 N.W.2d 207 (1976)

The MINISTERS LIFE AND CASUALTY UNION, et al., Appellants, v. FRANKLIN PARK TOWERS CORPORATION, Respondent, Frantz Klodt and Son, Inc., et al., Defendants.

Supreme Court of Minnesota.

January 30, 1976.

Attorney(s) appearing for the Case

Karlins, Grossman, Karlins, Siegel & Brill, and Sheldon D. Karlins, Minneapolis, for appellants.

Rosen, Kaplan & Ballenthin and William S. Rosen, St. Paul, for respondent.

Heard before SHERAN, C. J., and OTIS, TODD, MacLAUGHLIN, and SCOTT, JJ., and considered and decided by the court en banc.

TODD, Justice.

The Ministers Life and Casualty Union and Preferred Risk Life Insurance Company (Ministers) appeal from the judgment of not guilty in an unlawful detainer proceeding against Franklin Park Towers Corporation (Franklin). Ministers' claim is based on its interest in land established pursuant to documents apparently creating a sale and leaseback arrangement, but which the lower court construed to give rise to an equitable mortgage. We reverse and remand...

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