Murphy v. Arkansas & L. Land & Improvement Co.

ROGERS, District Judge.

This is a bill brought to foreclose a deed of trust executed to W. C. Rodgers, as trustee, by the Arkansas & Louisiana Land & Improvement Company, Limited, afterwards, for convenience, called the “Land Company,” to secure a promissory note executed by said Land Company to said “John D. Beardsley or his assignee.” The facts will sufficiently appear from the opinion.

Paul F. Beardsley, who is a brother of the defendant John D. Beardsley, owned a one-third interest in a certain judgment in favor of the Arkansas & Louisiana Railroad Company against John D. Beardsley for…