Interstate Trust & Banking Co. v. National Stockyards Nat. Bank
Supreme Court of Alabama
Appeal from Chancery Court, Sumter County; Thomas H. Smith, Chancellor. Suit by the National Stockyards National Bank against the Interstate Trust & Banking Company and another. From an adverse decree, defendants appeal.
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Appeal from Chancery Court, Sumter County; Thomas H. Smith, Chancellor. Suit by the National Stockyards National Bank against the Interstate Trust & Banking Company and another. From an adverse decree, defendants appeal. The Pinson & Geiger Land Corporation, Incorporated, located in Sumter county, in 1910, executed and delivered to the Interstate Trust & Banking Company a deed of trust to secure bonds in the principal sum of $100,000, proposed to be issued, conveying therein approximately 10,000 acres of land in Sumter county, Ala. The bonds were in part bought by the Mortgage Securities…
1Opinion of the CourtGardner, J.
Bill by appellee, complainant in the court below and a judgment creditor with a lien of the Pinson & Geiger Land Corporation, ■ an Alabama corporation, to enjoin the foreclosure of a mortgage executed by said corporation to the Interstate Trust & Banking Company, under the power of sale conferred by the mortgage or deed of trust, and to have same canceled and declared void and an order entered for the sale of the property embraced in said mortgage for the satisfaction of the judgment lien of the complainant. The mortgage was executed January 10, 1913, and filed for record the same day. The…
2Cases cited17 opinions
- Missouri, Kansas & Texas Trust Co. v. KrumseigSupreme Court of the United States · 1899
- Grider v. American Freehold Land Mortgage Co.Supreme Court of Alabama · 1892
- American Freehold Land Mortgage Co. v. SewellSupreme Court of Alabama · 1890
- Lindsay v. CooperSupreme Court of Alabama · 1891
- Union Dime Savings Institution v. WilmotNew York Court of Appeals · 1883
12 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Clark v. WhitfieldSupreme Court of Alabama · 1925
- Fies & Sons v. LowerySupreme Court of Alabama · 1933
- Grayson v. GoolsbySupreme Court of Alabama · 1932
- Butler v. WilsonSupreme Court of Alabama · 1939
- Montgomery v. SmithSupreme Court of Alabama · 1933
4 more not listed; retrieve them via the Exa API.