Gable v. Kinney

The bill is to reform and foreclose, and relief sought was denied.

Jennie B. Speegle, defendant below, purchased 40 acres of land from the appellant, complainant, on deferred payments evidenced by notes secured by a mortgage on the lands sold. At the time of this sale to Speegle, the appellant had executed a valid mortgage on said lands to Cárothers, and, as a part of the consideration passing to the appellant, Gable, tbe said Speegle assumed payment of such mortgage to Carothers; and thereafter, and pursuant to other agreements, Speegle executed a valid mortgage to the Federal Land Bank of…