Covert v. Ready

PHILLIPS, Justice.

Appellants, plaintiffs below, were judgment creditors of defendant below Bert Gardner and instituted this suit for foreclosure of their judgment lien against a tract of land in Austin, Texas, also joining as defendants the holders of a recorded warranty deed to such property, Lester S. Ready, Jr. and wife; a mortgagee of such property, First Federal Savings & Loan Association of Austin, and Bert Gardner who had owned a vendee’s interest in an executory contract of sale for such property.

Defendant First Federal Savings & Loan Association answered and interpleaded additional…