Hanson v. Citizens Bank of Oneonta

MERRILL, Justice.

This is an appeal from an interlocutory decree of the Circuit Court, in equity, of Marshall County overruling demurrers to the bill of complaint.

The appellee, Citizens Bank of Oneonta, filed this bill of complaint to foreclose five real estate mortgages, alleged to have been executed by the appellants, J. A. Hanson and Reba Hanson. From the averments of the bill it appears that J. A. Hanson was originally indebted to appellee in the sum of $40,000, which was secured by one of *385the mortgages. This mortgage was transferred to the Huntsville Production Credit Association in 1947,…