Frankel v. Smith

Leo Frankel, formerly the owner of certain real estate in Sunflower county, Miss., sold the same to H. W. Smith for a part cash payment and notes evidencing the deferred balance, which were secured by a deed of trust upon the lands sold. Subsequently Smith sold the .land to W. D. Parker, who assumed Smith’s debt to Frankel. The notes secured by the deed of trust were not paid when due; and Frankel filed a bill in the chancery court seeking to foreclose the deed of trust upon the land so sold to Smith, and by Smith to Parker, and also asked for a personal decree against Parker for the amount…