Alexandria Bank & Trust Co. v. Stanley

On December 1, 1922, John R. Stanley, a married man, executed by authentic act to the Alexandria Bank & Trust Company a mortgage importing confession of judgment and carrying the pact de non alienando in the sum of $4500 on a lot of ground on Monroe street in the" city of Alexandria, with a residence thereon. On September 7, 1929, said mortgage had been reduced to $3200, plus interest and attorney’s fees, and in said act of mortgage the wife of John R. Stanley waived her homestead.

On February 25, 1929, Mrs. Stanley, the wife of John R. Stanley, died, leaving as the only property in her…