Arrington v. United Royalty Co.

This cause was submitted to the court .below on an agreed statement of facts, which, necessary for an understanding of the issue presented, may be thus stated;

On the 26th day of February, 1920, J. R. Hudson, being then the owner of the southeast, northeast, section 14, township 10 south, range 24 west, in Johnson County, to secure a note of $1,000 of that date, due one year thereafter, executed, acknowledged and delivered to the Bank of Clarksville his mortgage (his wife joining therein) covering said lands, which mortgage was duly recorded.

On June 26,1925, the said Hudson and wife, by their…