Lockett v. Hill

ERSKINE, District Judge.

This suit arises out of a mortgage given by Hill, in January, 1S71, to Lockett. The bill states that Hill being indebted to Rust, Johnson & Co. (of which firm Lockett was a member), and in settlement and liquidation thereof, drew his draft on Burt, Johnson & Co., payable to his own order, for $7.451.75, and it was accepted by them and transferred to Lockett; and to secure its payment and in consideration of supplies and money, and to discharge a certain draft in favor of Ketchum-& Hartridge, Hill executed the mortgage to Lockett on 1.G25 acres of land and certain…