Case Name: Ackerman v. Lazarus
Court: Supreme Court of Ohio
Jurisdiction: Ohio
Decision Date: 1878-12
Citations: 34 Ohio St. 671
Docket Number: 
Parties: Ackerman v. Lazarus.
Judges: 
Reporter: Ohio State Reports, New Service
Volume: 34
Pages: 671–672

Head Matter:
Ackerman v. Lazarus.
Motion for stay of execution.
Harrison, Olds $ Marsh, and IT. J. Wylie, for the motion.
Marriott ‡ Hughes, contra.

Opinion:
The undertaking required by subdivision 3 of section 15 (75 Ohio L. 806), to stay the execution of an order of sale of mortgaged property, ought to provide against, waste and for the value of the use arid occupation, as well as for the payment of the deficiency arising from the sale, where the payment of such deficiency is ordered. The statute prescribes a general rule for such undertaking, and is intended for the protection of other lienholders affected by the delay, as well as the mortgagee who may be entitled to payment of a deficiency.
Motion granted.