Ellis Jones Drug Co. v. Coker

The appellant, Ellis Jones Drug Company, filed its bill for injunction against R. L. Coker and N. L. Chapman, seeking to enjoin the foreclosure of a trust deed executed by N. L. Chapman in favor of R. L. Coker, on drug store fixtures. The facts essential to a decision of the case are as follows:

In January, 1920, N. L. Chapman desired to become a member of a partnership at Shaw, Miss., then operated by J. R. Germany and H. L. Jackson, and, for this purpose, Chapman borrowed three thousand dollars from the appellee Coker, which money was paid to H. L. Jackson, executing’ to secure same a deed…