Howard v. Bugbee - 65 U.S. 461 (1860)
U.S. Supreme Court
Howard v. Bugbee, 65 U.S. 24 How. 461 461 (1860)
Howard v. Bugbee
65 U.S. (24 How.) 461
A statute of the State of Alabama authorizing a redemption of mortgaged property in two years after the sale under a decree, by bona fide creditors of the mortgagor, is unconstitutional and void as to sales made under mortgages executed prior to the date of its enactment as impairing the obligation of the contract.
This question was decided by this Court in the case of Bronson v. Kinzie, 1 How. 311, and the decision has been since repeatedly affirmed.
The case is stated in the opinion of the court.