Colvin v. Payne

This is a suit in equity to foreclose two mortgages .on personal property. The mortgages were executed by one of the appellees, hereinafter referred to as the “tenant,” to the First National Bank of Albert-ville, hereinafter referred to as the “bank,” one dated November 25,1925, and one November 25, 1926. At that time the tenant was cultivating farm lands of another appellee, hereinafter referred to as the “landlord,” under a verbal contract made in August, 1924, for the year 1925. At the time of making the rental contract the tenant was not renting or residing • upon the land of the…