International Vegetable Oil Co. v. Townsend

The opinion of the Court was delivered by

Mr. Justice Cothran.

This is an action to foreclose a mortgage upon real estate executed by the defendant Townsend to secure a bond for $5,600, dated September 7, 1927, given by him to the plaintiff, payable in two equal annual installments on December 1, 1927, and December 1, 1928, with interest from date at 8 per cent, payable annually and 10 per cent, attorney’s fees in cáse of suit.

In addition to the real estate, the mortgage as alleged in the complaint covered certain ginning outfit located thereon.

The defendant hummus Gin Company was made a party…