Wood v. Bigham

On April 25, 1923, appellant T. L. Wood filed a suit in the Jackson Chancery Court against the widow and heirs-at-law of E. K. Bigham to foreclose a mortgage which Bigham had executed on the 12th day of January, 1920, to indemnify Wood .against liability as an indorser on the note of Bigham to the Arkansas Bank & Trust Company of Newport in the sum of $1,600. After making a partial payment on the note Bigham made default, and Wood was required to pay the note, whereupon he brought suit to foreclose the mortgage.

The bill to foreclose alleged that one T. J. Tucker was committing waste on the…