Charles B. Teasley, Inc. v. Dreyfus

BROWN, Justice.

The appeal is from the final decree of the circuit court, sitting in equity, denying complainant relief and dismissing its bill.

The bill is by a remote grantee of the mortgagor to enforce the equity of redemption and for accounting. The mortgage was executed on May 22, 1912, by the then owner, the Southside Realty & Development Co., a corporation, to Mrs. Florence Levystein to secure an indebtedness of $2500. Mrs. Levystein transferred the mortgage on April 18, 1916, to the defendant Morris Dreyfus. Thereafter the mortgagor Southside Realty & Development Company on January 15,…