City Lumber & Supply Co. v. Fisher
| Decision Date | 07 February 1950 |
| Citation | City Lumber & Supply Co. v. Fisher, 41 N.W.2d 285, 256 Wis. 402 (Wis. 1950) |
| Parties | CITY LUMBER & SUPPLY CO. v. FISHER et al. |
| Court | Wisconsin Supreme Court |
Robert Hebert, Tomahawk, Frank E. Hebert, Tomahawk, of counsel, for appellants.
Earl A. Korth, Rhinelander, for respondent.
The facts in this case are not in dispute. The appellants raise a question of law. They contend that the lien given to a contractor or materialman is like a mortgage and that the judgment should contain a provision for the same period of redemption as is provided in the foreclosure of mortgages. To sustain this contention they first cite the case of Dean v. Pyncheon, 3 Pin. 17. That case arose under the lien law of 1842. The decision in that case referred to the territorial statute of 1839 which provided specifically that the lien, when perfected, became in effect a mortgage. The statute of 1842 provided that sales to satisfy the lien must be made under an execution issued upon the judgment rendered in the action and that the debtor had the same period of redemption following the sale as the statutes then provided in the case of any sale of real estate upon execution. That continued to be the law until 1878, when sec. 3326, Stats. was amended to provide that sales thereunder 'shall be absolute and without redemption.' That provision is still contained in sec. 289.14, Stats.
The appellants next call attention to the provision of sec. 289.09, Stats., which was amended in 1935. Prior to the 1935 amendment that section read as follows:
Following the amendment by the 1935 legislature sec. 289.09, Stats., reads as follows:
The appellants contend that the amendment adopted by reference that part of ch. 278 providing for a period of redemption. The legislative history of this amendment shows that the change was recommended...
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