Security Bank v. Paul

M. Steele Hays, Judge.

This is an appeal from a decree dismissing the appellant’s suit against the appellee, Bonnie Paul and denying the foreclosure of a mortgage on lands belonging to her.

On September 3, 1976, appellee Ronnie Paul, borrowed $60,000 from the appellant, the Security Bank of Harrison, Arkansas, on the basis of a note and a mortgage covering Bonnie Paul’s property. The money was to pay debts of a corporation, Square Deal Construction Company, of which Ronnie Paul was one of the owners. Mr. Paul signed the note and mortgage in the presence of one of the bank officers, but Mrs.…