Newman v. Greene

This is an appeal from a final decree dismissing a bill of complaint seeking the foreclosure of a mortgage.

The suit arose out of the following circumstances; Appellees, who were defendants below, executed a mortgage, dated September 9, 1921, to Co-operative Fertilizer ‘Company, a corporation, as mortgagee, to secure the payment of certain existing indebtedness from the mortgagors to Co-Operative Fertilizer, consisting of a promissory note in amount of $544.50, an open account in amount of $346.24 which had accrued prior to the execution of the mortgage, and to further secure certain future…