Abbott v. Southern Cotton Oil Co.

GARDNER, Justice.

The bill is one for the foreclosure of a mortgage on certain real and personal property therein described, executed by M. L. Laney and wife to the Southern Cotton Oil Company.

The mortgagors make no defense 'and are shown to have abandoned the property, and on January 1, 1938 disposed of whatever interest they had therein to one Giles, who later transferred any rights he had in and to the property to defendant Abbott, who is now in possession.

Reasonably interpreted, the bill clearly shows that Giles is without interest in the property or the subject matter of this suit, and…