Federal Land Bank v. Southern Credit Corp.

The Federal Land Bank of New Orleans entered into a contract with one J. H. Criswell for the rent or lease of 525 acres of land, known as the Muscadine Plantation, located in Washington County, Mississippi. The rent for the said lands was $1,100, with eight per cent interest from maturity until paid, and was due to be paid on the first day of November, 1936. The lease contained various stipulations, among which was paragraph seven, reading as follows: ‘ ‘ To sell in conjunction with and only by written permission of the Bank promptly the crops grown on the leased premises and not withhold any…