Warren v. Tampa Mortgage Investors Co.

Appellants filed bill in equity to enjoin the prosecution of a suit to enforce the payment by complainants of certain alleged obligations and for accounting and for other relief.

On hearing, relief prayed was denied and the bill of complaint was dismissed.

The history of the case as is succinctly outlined by the appellee, is as follows:

“On December 1, 1926, Simms Properties, Inc., a corporation, was indebted to the appellee, Tampa Mortgage Investors Co., in the sum of $100,000.00. To secure the indebtedness Simms Properties, Inc., had duly executed and delivered to the appellee, a mortgage upon…