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STATE OF WISCONSIN
January 1, 1915, to December 31, 1915
WALTER C. OWEN
ATTORNEY GENERAL'S OFFICE
WALTER C. OWEN....
................Attorney General ...Deputy Attorney General Assistant Attorney General
..Assistant Attorney General .............. Assistant Attorney General
Assistant Attorney General ..Assistant Attorney General
ATTORNEYS GENERAL OF WISCONSIN
FROM THE ORGANIZATION OF THE STATE.
Building and Loan Association-Mortgages-No right to sell or assign the mortgages it holds.
Under facts stated not safe for a second mortgagee to purchase the first mortgage held by building and loan association in order to strengthen his security.
Sections 2014s and 2014-15 construed.
Hon. A. E. KUOLT,
January 2, 1915. Commissioner of Banking. I have your letter of the 19th ult., in which you submit the following statement of facts:
“A, a building and loan association, holds a mortgage on B's property. C holds a second mortgage. B subsequently goes into bankruptcy. C in order to make the most out of his claim desires to buy the first mortgage held