Court Opinion

ID: 9538088
Source: CourtListenerOpinion
Date Created: 2023-08-07 07:30:10.893119+00
Date Added: 2024-06-11T14:57:29.177766
License: Public Domain

WADE, Justice.
I dissent.
Here the bank has had a mortgage on this property to secure its indebtedness. It was entitled to a fair opportunity to bid it in at any figure which it felt would be most: advantageous to it in liquidating its claim. Under the circumstances, I do not think it was afforded such an opportunity. I agree it acted negligently in not seeing that the-time of the sale was changed in the notice, and in not noticing that such change had not been made. But I d'o not: think that it should be deprived of an opportunity to protect its interests on that account. It seems to me that the sheriff could not in good faith sell this property knowing that the bank thought the sale would be held at 11:00 o’clock rather than at 10:00 o’clock without being assured that the bank did not intend to be present at the sale. If this was a bona fide sale to the bidder then the mortgagor would *526also be interested in having it set aside so as to get a greater credit on the payment of his debt. But the debtor seems to be satisfied with the sale which suggests that the debtor may have some undisclosed interest in the sale.
I think that as a matter of fair play this sale should be set aside.
WOLFE, C. J., concurs in the dissenting opinion of WADE, J.