Williams v. Knight

KNIGHT, Justice.

The appellee, Mrs. Jennie W. Knight, filed her bill in the circuit court of Morgan county, in equity, against the Tennessee Valley Bank, J. H. Williams, Superintendent of Banks in the State of Alabama, the Reconstruction Finance Corporation, and John W. Knight, the latter her husband, seeking the cancellation of a certain mortgage executed by the complainant and her said husband to the said Tennessee Valley Bank on March 2, 1926.

The mortgage attacked recited that it was given to secure an indebtedness of $17,500, evidenced by three promissory notes, two in the. sum of $5,000,…