Runciman v. Bailey

John Runciman, the plaintiff-appellee, a man seventy years of age, owned a farm of approximately fifty acres in Warren county. There was coal under the land, and the appellee from time to time leased the coal rights and received royalties thereon.

In the year 1931 there was a mortgage on the farm for approximately $2,300, held by one C. C. Reynolds, a guardian for Helen Brewer. This mortgage became due and was foreclosed at the September, 1931, term of the Warren county district court. Reynolds, as guardian, at the special execution sale under the mortgage bid in the land for the full amount…