Kuenzell

Kuenzell v. California Mutual Building & Loan Ass'n

Good Law
1936 Cal. LEXIS 439·5 Cal. 2d 626·55 P.2d 481
Supreme Court of CaliforniaMarch 17, 1936S. F. No. 15467California379 words

Opinion

Lead Opinion

On March 25, 1935, Kuenzell and others filed a petition pursuant to the Mortgage Moratorium Act of January 31, 1935 (Stats. 1935, p. 56), to postpone sale of real property under a trust deed. The beneficiary filed a demurrer to the petition, which the court sustained without leave to amend on the ground that the petition was not filed within the time specified by the act. Prom the judgment entered on the court’s order the petitioners have appealed.

A notice of the petitioners’ default under the trust deed had been recorded in November, 1934. The act became effective on January 31, 1935. Section 3 thereof provided that at any time within thirty days from the effective date of the act, or within thirty days from the recording of the notice of default, but in any event not later than September 1, 1935, the trustor under a deed of trust may file a petition in the superior court praying for an order postponing the sale of the property under the trust deed. The petition herein was filed on a day subsequent to the expiration of the thirty-day period from the effective date of the act.

The notice of default having been recorded prior to the effective date of the act, the plain…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.