Legal Opinion

Blue v. First Nat. Bank

Supreme Court of Alabama

Decided April 19, 1917No. 4 Div. 660PublishedCited by 19 opinions

Appeal from Ghancery Court, Coffee County ; O. S. Lewis, Judge. Suit by J. D. Blue against the First National Bank of Elba. From a decree dismissing the hill, complainant appeals.

1Opinion of the CourtSayre, J.

Appellant Blue filed his bill to redeem under a mortgage he had made to appellee, averring that the debt which the mortgage purported to secure was in large part usurious and that in other large part the consideration upon which it was given was illegal. On hearing the pleading and proof the chancellor dismissed appellant’s bill.

After a duly careful consideration of the evidence in this cause the court finds the salient evidential facts to be as follows:/ In March, 1910, appellant was indebted to appellee, according to the latter’s computation, in the sum of $10,328.67, of which $7,500,…

2Cases cited5 opinions

  1. Carter v. ChambersSupreme Court of Alabama · 1885
  2. Lukens v. HazlettSupreme Court of Minnesota · 1887
  3. Masterson v. GrubbsSupreme Court of Alabama · 1881
  4. Pearson v. BaileySupreme Court of Alabama · 1853
  5. May v. FolsomSupreme Court of Alabama · 1896

3Cited by19 opinions

  1. Ingelson v. OlsonSupreme Court of Minnesota · 1937
  2. Davis v. Elba Bank & Trust Co.Supreme Court of Alabama · 1927
  3. Dudley v. Colonial Lumber Co.Supreme Court of Alabama · 1931
  4. McCormick v. FallierSupreme Court of Alabama · 1931
  5. International Harvester Co. v. WilliamsSupreme Court of Alabama · 1931

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