Planters' Mfg. Co. v. Greenwood Agency Co.

This is a suit by the appellees against the appellants for conversion. It was begun in the circuit court, but was removed to the chancery court, and the pleadings were then shaped in accordance with equity procedure. It appears from the bill of complaint that the appellees, complainants in the court below, are the beneficiary and trustee in a deed of trust executed in August, 1919, by the Cooperative Oil Company to secure an indebtedness due the Greenwood Agency Company on land owned by the Cooperative Oil Company on which was situated, among other things, a complete cotton gin plant. This…