Rozelle v. Connecticut General Life Insurance

F. McQueen Rozelle, the appellant, borrowed money from Connecticut General Life Insurance Company, one of the appellees. To secure payment, Rozelle gave Connecticut General a mortgage on land in Oklahoma. The mortgage was expressly subject to the timber rights reserved in deeds of Rozelle’s predecessors in title. Rozelle also borrowed from and gave notes and mortgages to the First National Bank in Dallas, also an appellee. Rozelle became delinquent in his payments to Connecticut General and it instituted an action in the United States District Court for the foreclosure of its mortgage,…