Jackson v. Coffman

Mr. Chief Justice

Beard delivered the opinion of the Court.

This is a controversy between two adverse claimants .over the surplus proceeds of a tract of land lying in Shelby county, realized by Eldridge and Richardson, trustees, who foreclosed a trust deed made by the defendant Coffman to them to secure a purchase-money note described therein. The complainant claims that, by proper process in this case, he impounded this fund, and is entitled to have it applied to the debt against Coffman, which he sets up in his bill; and the defendant the Chickasaw Cooperage Company rests its contention upon…