Wisdom v. Smith

The appeal in this case brings for review final decree of foreclosure on a chattel mortgage made and executed on March 24, 1928, by Ruth M. Wisdom, joined by her husband, Louis E. Wisdom, to the Bank of Ybor City to secure payment of a note made and executed by Strickland and Wisdom, Inc., and endorsed by Louis E. Wisdom for the sum of $1400.00 payable ninety (90) days after date. The mortgage contained the following clause:

“The parties of the first part do covenant and agree that the said Ruth M. Wisdom is the owner of the above described personal property and that they will pay or cause to…