54 Mich. 557 | Mich. | 1884
This case is an appeal from the order of the Kent circuit court rn chancery, setting aside a sale made upon the foreclosure of a mortgage upon real estate. The sale was made September 6, 1883, and the complainant became the purchaser, on the sale of the premises, for $946.64, that being the amount due on the decree; and on filing the commissioner’s report of sale, the usual order of confirmation was entered, but no notice of the sale or of the -order was ever served on the defendant or his solicitor.
On the 17th of September following, the defendant, Emanuel Nugent, made and presented his petition, asking that the sale be set aside for the reasons (1) that the property was advertised and sold without his knowledge ; (2) that the property was sold at too great a sacrifice; (3) that the costs in the case were never taxed, or, if they were, he had no notice of the taxation, and his solicitor had never advised him of the proceedings to sale; (4) that he would have redeemed the property from the decree before, but for the reason that an effort was then being made in a chancery proceeding to subject his title to the land to the satisfaction of another pretended lien, by way of execution, on the ground of fraud; (5) that the land was worth $3000, and that, subject to the life-estate of his mother, it was worth at least $2000, and offered to give security to find a purchaser who would give $500 more for the property than it was bid ■off at on the sale.
An order, it seems, was made by the court upon this petition denying the prayer of petitioner, but never entered, and •on the 19th of October following the same defendant made .application to vacate the order announced as aforesaid, and for an order directing a re-sale of the property, and based .the application upon the following facts, viz.:
“ 1st. Because the affidavits read upon said first application •.to set aside said sale as to the value of said mortgaged prop*559 erty were a surprise to this defendant, and he had no opportunity of replying thereto, and the same were not in accordance with the facts.
2d. Because the sale made under decree in this cause was without the knowledge of this defendant or his solicitors, and the property was sold to complainant for less than one-half its real value, and the defendant was surprised by such sale.
3d. Because said sale was made before the costs were taxed herein or any valid taxation thereof made, and this defendant was misled by a sale made before the taxation of costs herein.
4th. Because there was a misunderstanding of counsel for complainant and this defendant, which led this defendant and his counsel to believe that no sale was advertised or had, and they had no knowledge thereof until the day when the first application to set aside said sale was actually made.
5th. Because defendant, Emanuel Nugent, had filed his bond to the register of this court in the penal sum of $1500, with sureties, conditioned to raise the bid actually made, in the sum of $500, and to vary such bond in form as the court may direct, and has offered,to raise the bid on said premises to $2300, subject to life-leases thereon.
6th. Because this defendant and his counsel were misled to believe no sale would be made when made, by the filing of a bill at the instigation \of complainant litigating the title of this defendant to said premises.
7th. Because this defendant is greatly damaged by said sale, and suffers great loss if the same is allowed to stand, .and it operates as a fraud upon him, and the same is irregular.”
A large number of affidavits were presented for and against the motion of defendant, but after a full hearing and careful ■consideration given to the matter of the application the circuit judge granted the motion for a re-sale of the premises, .and made an order accordingly.
I do not think the order made should be disturbed. There is a great discrepancy as to the value of the premises between the affidavits of the two parties, but the circuit judge has found against the complainant on the showing made, and from the record I think his conclusions well supported. The question presented is one resting largely in the discretion of
In this case the property was bid in by the mortgagee. In such case the court will look closely to the objections to the order for a re-sale, based upon the ground of inadequacy of price bid. In this case the applicant accompanies his motion with an offer to pay $2300 for the property on a re-sale, as against $1400 bid on the first sale. The order permitting this to be done, under the showing made, we think, was proper, and should be
Affirmed with costs.
