Corinth Bank & Trust Co. v. Lawler

This is a statutory bill to quiet'title to certain real estate, filed by appellee, Lawler, against the Corinth Bank & Trust Company. The defendant asserted title to the property by virtue of a mortgage executed by M. T. Wallace and wife to complainant, J. J. Lawler, and by the latter indorsed to defendant as collateral security for certain indebtedness due by said Lawler to the Corinth Bank. The mortgage by Wallace embraced the property here involved, and its sole consideration was a note for $364.58 attached thereto. Defendant became the owner of this note and mortgage at a duly advertised…