Burnett's Lumber & Supply Co. v. Commercial Credit Corp.

Appellant corporation is chartered under the laws of Mississippi and is authorized by its charter “to buy, own, hold, sell, and lease timber and timber lands; to buy, manufacture, and finish lumber and lumber products; to do a general wholesale and retail lumber and building material business, dealing in all building materials and supplies used in general lumber and supply business; to buy, hold, own, build, improve, sell, mortgage, lease, and rent real estate; and to buy, own, hold, sell and assign notes find mortgages and other written evidence of indebtedness on real estate, ’ ’ and to…