Case Name: Mutual Benefit Life Insurance Company, appellant, v. Carl Long et al., appellees
Court: Nebraska Supreme Court
Jurisdiction: Nebraska
Decision Date: 1938-03-04
Citations: 134 Neb. 186
Docket Number: No. 30201
Parties: Mutual Benefit Life Insurance Company, appellant, v. Carl Long et al., appellees.
Judges: Heard before Goss, C. J., Rose, Day, Paine, Carter and Messmore, JJ., and William A. Day, District Judge.
Reporter: Nebraska Reports
Volume: 134
Pages: 186–186

Head Matter:
Mutual Benefit Life Insurance Company, appellant, v. Carl Long et al., appellees.
278 N. W. 270
Filed March 4, 1938.
No. 30201.
Galvin, Byers & Sullivan, Moyer & Moyer and Perry W. Morton, for appellant.
A. E. Wenke, contra.
Heard before Goss, C. J., Rose, Day, Paine, Carter and Messmore, JJ., and William A. Day, District Judge.

Opinion:
Rose, J.
This is a suit in equity to foreclose a mortgage for $16,000 on a quarter-section of land in Stanton county. On account of an unpaid debt of $16,233.04, a decree of foreclosure was entered May 27, 1935. Under the moratory act as amended in 1937 the district court granted a moratorium staying a judicial sale of the mortgaged premises until March 1, 1939. Plaintiff appealed.
The moratory act as amended in 1937 (Laws 1937, ch. 42, sec. 3, Comp. St. Supp. 1937, sec. 20-21,168) has been held void. First Trust Co. v. Smith, ante, p. 84, 277 N. W. 762. It follows that the district court was in error in granting the moratorium from which the appeal was taken. The judgment granting defendant such relief is therefore reversed and the cause remanded for further proceedings.
Reversed.