Ezzell v. First Nat. Bank of Russellville

This bill is one by the mortgagor, filed pending foreclosure under the power of sale for an accounting and redemption from the mortgages held by the respondent and covering complainant’s property, and to enjoin the foreclosure.

As a basis for an accounting, the bill avers: The respondent by agreement took over a sawmill and cut the lumber on the lands covered by the mortgages, agreeing to deduct the operating expenses of $12.50 per thousand, and apply the balance to the mortgage debt, and under this agreement the respondent cut from 125 to 150 thousand feet, which was sold for $20 per thousand…