National Savings & Loan Ass'n v. Beasley

The only issue involved by this appeal is whether or not the chancery court erred in confirming a sale of real estate under a mortgage foreclosure. The record shows that the National Savings & Loan Associa- ■ tion brought a suit in equity against Adolph Daniel to foreclose a mortgage on certain lots in the city of "Warren, Arkansas. Judgment by default was rendered in favor of the plaintiff against the defendant for $2,434.85 with interest at the rate of nine per cent, per annum from November 1,1930. Tift decree provided that, if the judgment was not paid within twenty days, the clerk of the…