Harper v. Sallee

So far as pertinent to the determination of whether a freehold is involved in this litigation, the facts disclosed by the pleadings and the evidence are as follows: On March 2, 1928, William L. Sallee and his wife, Lula May Sallee, executed their promissory note for $3000 payable to the order of the Trevett-Mattis Banking Company five years after May 1, 1928, and secured its payment by a mortgage on seventy-two acres of land in Vermilion county. The note and mortgage were assigned to the Mutual Benefit Life Insurance Company of Newark, New Jersey, on May 11, 1928. Thereafter, the mortgagors…