Bell v. Farmers' Nat. Bank

The primary purpose of the bill is to cancel a mortgage upon real estate of the wife, upon the ground that it was given as security for the debt of the husband. The case made by the pleadings and proof is briefly this:

J. S. Bell, the husband, was a cotton buyer in Opelika. In the summer of 1923 he applied to the Farmers’ National Bank of Opelika to finance his business during the approaching cotton season. Because of former dealings wherein J. S. Bell had become and was still largely indebted to the bank, his request was refused, unless he would arrange an advance credit or deposit of $5,000…