Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1935-03-28
Bosch Explains
FScnndul' of His
Foreclosure Case

foreclosure case
John H. Bosch, president of the Min
nesota Farmers Holiday Association.
in requested letter to the editor of
the Austin American, explains the
situation surrounding the recent pan
ming" he received by the reactionary
press OF the state in regards to the
foreclosure proceedings instituted
against Bosch Estate debtor by its
administrator. Mr.. Bosch tells about
this in the following words:
Il appreciate your giving me an
opportunity to present the facts con-
corning the recent unfavorable pub
licity which l have received.
THE facts are, first, that some time
ago / discussed very briefly with the
administrator of the John B. Bosch
estate a certain mortgage. This
mortgage was not on a homestead. as
is alleged in the papers, but on a
summer resort. 1t did not belong to
an old pioneer widow but to a large
number of heirs. l suggested to the
Administrator of the Bosch estate that
he discuss it with he Farmers Holt
day Association of Kandiyohi county.
1 had no knowledge that foreclosure
was to be commenced until newspa-
pers came out with headlines to the
effect that l was personally foreclos-
ing on the mortgage.
hox iV,fn hVyx hra
newspapers that l was foreclosing on
this mortgage, l telephoned the adj
ministrator of the Bosch estate, who
told me that the Holiday Association
of Kandiyohi county had recc mmended
that foreclosure proceed. Understand
Holiday Association in the first place
by the administrator of the Bosch
estate, and that the heirs of the Lar
son estate at no time objected to the
foreclosure and at no time asked the
Holiday Association to stop it.
"The administrator of the Larson
estate, who, / believe, is Also one OF
the heirs, has failed to give an ac-
counting of his handling of the estate
as is required by law. The admin
stratOr of the Bosch estate informs
me that he believes that the property
produced sufficient income to make
possible the payment of at least por-
ton of the taxes. However, taxes and
interest are both delinquent for over
two years. The administrator of the
Larson estate was assured that a loan
from the H. o. L. C. would be made
available sufficient to cover the
amount of the mortgage. However,
he refused to make an application for
that loan. Although the value of the
property of the Larson estate is in
excess of the first mortgage, other
debts and claims against that property
are sufficient to wipe out any equity
the heirs of that estate might have.
LAS soon as l read that foreclosure
was contemplated, requested the ad-
ministrator of the Bosch estate to
postpone any action in connection
with foreclosure All action has been
postponed.
There is no doubt whatsoever in my
mind but that the administrator of the
Larson estate is deliberately taking
advantage of the fact that l am state
president of the Holiday Association.
believe that he will continue to do
so.
Every reactionary newspaper would
be delighted if it could in any way
discredit me or the Holiday Assccia-
tion 1t is natural that they should
do so. l represent and fight for the
people who are most in need of help.
The reactionary press represents and
fights for their oppressors.
81 did not know that the foreclosure
was to take place. l did my best to
stop it after found out. Reactionary
and corrupt newspapers had nothing
to do with my action in the matter.
Newspapers. quite maliciOusly at
tempting to discredit me personally
and the Farmers Holiday Association
generally. did call my attention to
foreclosure proceedings that / might
not otherwise have, known Of, and
were, to that extent of course, re-
sponsible for the fact that l did my
best to stop the foreclosure.
THE Farmers Holiday Association
has not attempted to stop every fore
closure. 1t has acted only when,
upon appeal and after investigation
it found that an injustice was being
done. A review of the facts in this
case proved that foreclosure was justi-
fed. However. because the newspa-
pers inevitably lie and misrepresent.
believed it was better that the entire
proceedings be stopped.
Some newspapers were KIM
enough to print the truth concerning
the foreclosure. l wish to thank
them for doing So