Gray v. Gilliam

Opinion op the Court by

Judge Carroll.

Affirming.

This case may bé briefly disposed of. Previous to September, 1908, Gray was indebted to Gilliam in the sum of two thousand dollars, secured by a mortgage on what was known as the ‘ ‘ Tunnel property. ’ ’ Desiring to *195have this mortgage released, Gray proposed to execute a mortgage on other property, which proposition was accepted by Gilliam, and thereupon, on September 4, 1908, Gray and his wife executed to Gilliam a mortgage for two thousand dollars on certain real estate described in the mortgage. The mortgage stipulated that “before this…