Yankton Press & Dakotan
4 Jun 1938 (Evening); p 5, col 2
5 14-21-28-6 4*
Whereas, default has been made in the conditions of a mortgage dated the 1st day of September, 1935, executed by Sidney L. Knutson and Tillie L. Knutson, husband and wife, mortgagors, to The First Dakota National Bank and Trust Company, a corporation of Yankton, South Dakota, mortgagee, upon the following described premises in the country [sic] of Yankton, state of South Dakota, to-wit: Lot One of the Dakota National Company’s Subdivision of Lots Eight, Nine, and Ten of “Whiting’s Subdivision” of part of Sections Eight and Seventeen and part of the North Half of the Northwest Quarter of Section Seventeen, all in Township Ninety-three North, Range Fifty-five West, lying north of the railroad, according to the duly recorded plat thereof, by the failure of said mortgagors to pay the monthly installments of principal and interest that became due and payable on the 1st days of March, April and May, 1938, and the first half of the 1937 taxes before they became delinquent.
Notice of hereby given that the mortgagee, by reason of said default, has elected to declare the entire debt secured by said Northpoint mortgage loans due and payable, and the power of sale therein contained has become operative; and that there is claimed to be due upon the debt secured by the mortgage at the date of this notice the sum of $880.66 principal, $10.87 interest and $7.99 balance of taxes paid by mortgagee after exhausting the reserve account, making a total of $899.52.
Notice is hereby further given that said mortgage will be foreclosed by a sale of said mortgaged premises at public auction for cash at the front door of the court house in the city and county of Yankton, South Dakota, on the 6th day of June, 1938, at the hour of ten 0’clock in the forenoon.
Dated May 14th, 1938.
The First Dakota National Bank and Trust Company, a corporation, Mortgagee.
Lee H. Cope, attorney for Mortgagee.
*In case you wonder what these numbers mean, South Dakota law stated that, “[n]otice that such mortgage will be foreclosed by sale of the mortgaged premises, or some part of them, shall be given, by publishing the notice at least once each week for four successive weeks in a legal newspaper of the county where the premises intended to be sold …”1 and as far as I can tell, with a few minor changes, that’s been the law since South Dakota became a state in 1889, and possibly earlier than that. These numbers indicate the four dates this notice appeared in the paper: May 14, 21, 28, and June 4. (OMG I totally felt like I was channeling Judy Russell just then!)
I purchased roughly 25 original issues of the Yankton (South Dakota) Press & Dakotan, dating from 1938 to 1946. I am systematically going through every issue and will be posting the articles that include the names of individuals. I am happy to email full-size scans of any article. Feel free to ask.
- SD Codified L § 21-48-6 ↩
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