Howard v. Goodspeed

The appellee assigned to the appellant two mortgages. The amended bill of complaint alleges that the two assignments of mortgage, altho appearing to be assignments absolute, were in fact given as security for the loan of $2500.00, and that said assignments were so accepted by Emma A. Howard, the appellant here, as security only. The bill further alleges that such transactions have occurred between the parties since said assignments, that there should be an accounting between them and that upon an accounting being taken and the amount of moneys determined which have accrued to the appellant…