Watts v. British & Am. Mortg. Co.
Court of Appeals for the Fifth Circuit
Appeal from- the Circuit Court of the United States for the Northern District of Mississippi. This was a hill in equity filed by the British & American Mortgage Company of London, Limited, against Ben M. Pettis, W. C. Pettis, Charles L. Watts, and A. C. Johnson, to rescind a mortgage and procure a decree for the return of the money loaned. There was a decree for complainant in the court below, and the defendants appeal.
1Opinion of the Court
McCORMICK, Circuit Judge.
On 27th December, 1889, C. L. Watts, one of the appellants, applied to an agent of the appellee for a farm loan on 820 acres of land in La Fayette county, Miss. This application was made on one of the regular forms used by appellee. The answers to the numerous questions in this form- were all written in by W. C. Pettis, one of the appellants. On the 16th January, 1890, the land was conveyed to C. L. Watts by Ben M. Pettis, described as containing 826 acres, more or less. This deed recited, “In consideration of eighteen thousand two hundred and sixty dollars, I here…
2Cases cited2 opinions
- Grimes v. SandersSupreme Court of the United States · 1876
- McLean v. ClappSupreme Court of the United States · 1891
3Cited by3 opinions
- Hart v. AdairCourt of Appeals for the Ninth Circuit · 1917
- Kerns v. Bank of ManitouSupreme Court of Colorado · 1952
- Goodrich-Lockhart Co. v. SearsDistrict Court, E.D. Kentucky · 1919