Long v. King

GARDNER, Justice.

The due foreclosure of the mortgage of James H. Long, Jr., and wife to the Atlanta Joint Stock Land Bank effectually cut off the equity of redemption of the mortgagor, and left only the statutory right of redemption to be exercised by those named in the statute (section 10140, Code 1923) in the mode, and within the time, and upon the conditions therein prescribed. Hudson v. Morton, 231 Ala. 392, 165 So. 227; Denson v. Provident Mutual Life Ins. Co., 231 Ala. 574, 166 So. 33.

Complainant to the bill in this cause was a junior mortgagee, and, as such, was authorized to exercise…