Wilder v. Clark

STAKELY, Justice.

One M. V. Stokes had a mortgage on the plant and property of Covington Consolidated Packing Company, a corporation, which is located in Covington County, Alabama. The mortgage was being foreclosed and a suit was filed by the company in order to enjoin the foreclosure. In connection with the suit a hearing was had before the court to fix the amount of the injunction bond, with the result that a bond in the amount of $10,000 was executed in favor of M. V. Stokes by Covington Consolidated Packing Company, a corporation, and T. C. Smith, one of its officers, as principals…