May v. Jeter

Bussey, Justice.

This appeal involves the title to a tract of farm land containing approximately 308.7 acres in Union County, South Carolina, title to which was acquired by Mrs. Jeannette Hill May in 1911. In August 1921, Mrs. May mortgaged said real estate to the Federal Land Bank, the amount of the mortgage being $8,000.00, payable in sixty-five semiannual installments, with interest at the rate of 6%. In March 1922, Mrs. May executed a second mortgage to her sister’s husband, George C. Wood, in the amount of $6,333-.00, and, on November 15, 1927, the Federal Land Bank assigned its mortgage…