James Supply Co. v. Frost

This is a creditor’s bill, seeking to have declared void a mortgage executed by the debtor, Thomas H. Frost, to respondent R. N. Cartwright, executed December 14, 1921, upon the ground the same was without consideration, or, in the alternative, to have said mortgage declared a general assignment under the provisions of section 8040, Code of 1923. The court below denied relief as to. either alternative upon which relief was sought, and dismissed the bill. From this decree complainants have prosecuted this appeal.

The learned chancellor has accompanied his decree with an opinion which fully…