Ichenhauser Co. v. Landrum's Assignee

Opinion of the Court by

Chief Justice Hobson

Reversing.

For several years previous to 1911, W. F. Landrum did business in tbe name of tbe Calboun Drug Company; and while so doing business he became indebted to the Iehenhauser Company in the sum of $572.71, it being a corporation doing a wholesale business at Evansville, Indiána. On February 22, 1911, .to secure its debt, he executed to it a mortgage on certain real estate owned by him subject to a lien of $100 in favor of W. Calloway, and a lien of $360 in favor of the Calhoun Planing Mill Company. On April 12, 1911, Landrum made a deed of…