Wright v. Union Central Life Insurance

On the first day of October, 1925, the appellant, James M. Wright, was the owner of 200 acres of land in Jay county, Indiana, and executed a mortgage to the appellee to secure a debt of $9,000. After the execution of the mortgage and before a foreclosure suit was filed, he conveyed the land to his wife, son, daughter, and son-in-law in parcels. The appellee filed its action in the Jay Circuit Court to foreclose said mortgage and made all the named parties defendants. The death of the wife was suggested to the court, and the cause was dismissed as to her.

Pending the foreclosure suit, and on…