Town & Country Trailer Sales, Inc. v. Godwin

Sam Robinson, Associate Justice.

This appeal arises out of transactions involving the organization and operation of the appellant corporation, Town & Country-Trailer Sales, Inc. Pending trial, appellant Harry F. Dodge intervened as receiver of the corporation and proceeded with the litigation in that manner.

Appellee, E. H. Godwin, filed suit against the appellant corporation to foreclose a deed of trust on which there was an alleged balance due of $1,106. It appears the original trust deed was in favor of the First National Bank of Memphis, Tennessee, but had been assigned to appellee together…