Love v. Spencer

R. M. Love, as receiver of the Farmers’ National Bank of Cooper, filed this suit against the appellee, Spencer, for conversion of mortgaged property. It was alleged that the bank held a mortgage given by pne A. H. Morehead on two mules, and that these were purchased and converted by Spencer. It is further alleged that, at the time of the purchase, Spencer had both actual and constructive notice of the existence of the mortgage. In response to special issues submitted, the jury found that the mules were not included within the terms of the mortgage offered in evidence, and a judgment was…