Ragsdell v. Gazaway Lumber Co.

Lawson Cloninger, Judge.

In this case, appellee, Gazaway Lumber Company, Inc., was granted a material-man’s lien against the home of appellants, Cecil and Betty Jo Ragsdell, for an indebtedness of $7,087.44. In the same decree, appellee, Security Bank of Paragould, was granted an in rem judgment in the amount of $107,930.58 and a decree of foreclosure of its mortgage against appellants’ home and other property. The indebtedness owed to Security Bank of Paragould was declared a first lien against the property, and Gazaway Lumber Company’s lien was subject only to that of Security Bank of…