Summary

Portrait of David Josiah Brewer David Josiah Brewer Davis v. Mercantile Trust Company…

Again, not only is the purchaser interested, but also the mortgagor. He may be satisfied with the sale which was made,-may believe that at no other sale would it be possible to realize so much in satisfaction of his indebtedness. At any rate, the setting aside of one sale, and the ordering of another, may affect, prejudicially or beneficially, his interests, and because of that he has a right to be heard upon the question of setting it aside. Now, the only party respondent to this appeal is the trustee. It is the only party named as obligee in the cost bond.
Source: Wikisource

Portrait of David Josiah Brewer David Josiah Brewer Davis v. Mercantile Trust Company…

Neither does the appeal from the decree stand in any better condition. In a decree for the foreclosure of a mortgage, the two parties principally and primarily interested are the mortgagee and the mortgagor. No third, party should be permitted to disturb such a decree, unless and until both mortgagee and mortgagor are given an opportunity to be heard. The mortgagor may be unwilling that the decree should be set aside, notwithstanding irregularities in prior proceedings, for fear that on a subsequent hearing a larger sum may be decreed against him.
Source: Wikisource

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