Michie v. Bradshaw

(after stating the case us above).

This cause involves important questions arising out of a conveyance of real estate, wherein vendor and vendee contemplate the subdivision and resale of the property to third persons, the proceeds of resale becoming a resource for payment Qf the purchase money due the original vendor, and stipulating the terms and conditions on which such subpurchasers shall have their parcels released from the purchase-money mortgage.

In Michie v. Nebrig, 223 Ala. 175, 134 So. 685, a suit in ejectment against another sub-purchaser from the vendees under the same contractual…