147 F.2d 594 | 10th Cir. | 1945
This proceeding arises under Section 75 of the Bankruptcy Act, 11 U.S.C.A. § 203. This is the fifth appearance of this case in our court.
The claim of appellee
Appellant in the main presents two points on which it relies for reversal — first, that under a Congressional enactment passed subsequent to the execution of the notes and mortgages to the bank,
The conclusions we have reached make unnecessary a consideration of these questions. At some stage of this proceeding, the exact time of which is not made clear in the record, appellant redeemed from the foreclosure sale in the state court by paying directly to the Bank, and not into the federal court, the amount the Bank claimed was due. Upwards of $17,000 of the amount so paid was paid under protest. This resulted in a complete redemption from the foreclosure sale and reinvested the full title to the real estate in appellant, free from any claim on the part of the Bank.
Right of redemption is a property right subject to administration in a proceeding under Section 75.
When in the course of a trial the matter in controversy comes to an end, either by the act of one or both of the parties, or by operation of law, the question becomes moot and the court is without further jurisdiction.
When appellant paid directly to the Bank the amount that it claimed, it redeemed and thereby removed the right of redemption from administration in this proceeding. Thereafter any right it claimed to recover what it had paid under protest would have to be asserted in an independent action brought by it against the Bank. It follows that the questions we are asked to pass upon have become moot, and the appeal is therefore
Dismissed.
Paradise Land & Livestock Co. v. Federal Land Bank, 10 Cir., 108 F.2d 832; Paradise Land & Livestock Co. v. Federal Land Bank, 10 Cir., 118 F.2d 215; Paradise Laud & livestock Co. v. Federal Land Bank, 10 Cir., 131 F.2d 050; Paradise Land & livestock Co. v. Federal Land Bank, 10 Cir., 140 F.2d 102.
Herein referred to as the Bank.
12 U.S.C.A. § 771(12).
Wright v. Union Central Ins. Co., 804 U.S. 502, 58 S.Ct. 1025, 82 L.Ed. 1490; Walker v. Detwiler, 6 Cir., 110 F.2d 154.
United States v. Alaska S. S. Co., 253 U.S. 113, 40 S.Ct. 448, 64 L.Ed. 808; Walling v. Shenandoah-Dives Mining Co., 10 Cir., 134 F.2d 395.