Court Opinion

ID: 9866540
Source: CourtListenerOpinion
Date Created: 2023-09-26 13:12:16.391232+00
Date Added: 2024-06-11T07:40:58.392101
License: Public Domain

On Rehearing. In our opinion we said: “In many jurisdictions the redemptioner may make certain his redemption by paying the redemption money to the official making the sale, or to the clerk of the court out of which the order of sale issued. There is no such provision in our law.” Since the hearing in this case, the New Mexico Legislature, in its 1931 session, enacted chapter 149, relating to redemption of real property sold under execution, order, judgment, or decree, and providing that the redemption money in cases of this class may be deposited with the clerk of the district court. The motion for rehearing raises no question not considered by us. It follows from our holding that the First State Bank of Taos was the proper party to receive the redemption money; that only that bank could raise questions of the sufficiency of appellee’s petition, or the correctness of the amount paid in redemption of the mortgaged premises. Motion denied. BIOKLEY, O. J., and SADLER, J., concur. WATSON and PARKER, JJ., did not participate.