South Dakota Supreme Court March 29, 1932, File No. 7207. (Ruden v. Kirby)

*632

MISER, C.

On March 9, 1928, one Fritz was the record owner of 733 acres of land in Turner, Minnehaha, and McCook counties. It was subject to first mortgages of $42,000; to second mortgages of $7,618, held by the Farmers’ State Bank of Parker, which bank was in charge of the superintendent of banks; to third mortgages of .