Legal Opinion

Monroe County Bank v. Qualls

Supreme Court of Alabama

Decided December 19, 1929No. 1 Div. 574PublishedCited by 13 opinions

1Opinion of the CourtSaxre, J.

Appellant’s bill to foreclose a mortgage executed by appellees Qualls and wife. Demurrer to' the bill was sustained, and the bank appeals.

The mortgage, set out as an exhibit to the bill, was executed, February 23, 1926, by appellees to secure payment of an indebtedness of $543 evidenced by, promissory note of even date. One provision of the mortgage was that it should “stand as security for the principal debt as above set out, and for any other debt due or advances received by the party • of the first part [Qualls] from the party of the second part [the bank]. And any payment made by the…

2Cases cited2 opinions

  1. Wilkerson v. TillmanSupreme Court of Alabama · 1880
  2. Morgan County Nat. Bank v. TerrySupreme Court of Alabama · 1925

3Cited by13 opinions

  1. United States v. American National Bank of Jacksonville and Title & Trust Company of FloridaCourt of Appeals for the Fifth Circuit · 1958
  2. Merchants National Bank & Trust Co. of Indianapolis v. H.L.C. Enterprises, Inc.Indiana Court of Appeals · 1982
  3. Financial Acceptance Corp. v. GarveyMassachusetts Appeals Court · 1978
  4. Foxborough Savings Bank v. Ballarino (In Re Ballarino)District Court, D. Massachusetts · 1995
  5. Debral Realty, Inc. v. Marlborough Cooperative BankMassachusetts Appeals Court · 1999

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