First National Bank of Lenoir City v. Ivie

This suit grew out of a written agreement which was entered into under circumstances hereinafter appearing.

On July 10, 1951, a general creditors"’ bill styled Eason-Norwood Company et al. v. Rev. Earl Ivie et al., No. 3792, was filed in the Chancery Court of Loudon County, Tennessee. The creditors whose claims totaled $6,935.08 were represented by Judge S. P. Dannel, attorney of the Loudon County Bar. Attachment issued and a farm owned by the Rev. Ivie and his wife, Una Ivie, against which there was a $6,000 mortgage, was levied upon. This farm consisting of approximately 158 acres and…