McCandless, Rec'r. v. Klauber

The opinion of the Court was delivered by

Mr.. Justice Cothran.

This is an action commenced in June, 1928, by the plaintiff, as Receiver of the First National Bank of St. George, for the foreclosure of a certain mortgage executed by the E. A. Klauber Company on January 14, 1920, to W. A. Klauber, to secure the payment of a note given by the corporation to W. A. Klauber, for his interest in the mortgaged property and in the corporation, later assigned to the First National Bank of St. George under the circumstances hereinafter detailed, and for the adjustment of certain equities between the…