Morgan County Nat. Bank v. Terry

This appeal by appellant is from the decree sustaining demurrers of appellees to the bill as amended. The bill was filed for tbe purpose of foreclosing certain real estate mortgages executed by respondent Leander W. Terry and wife to tbe complainant bank. D. S. Echols was made party respondent also; be being a junior mortgagee.

One of tbe mortgages here sought to be foreclosed bears date January 27, 1922. This mortgage was given to secure tbe specific sum of $454.13, evidenced by note bearing even date therewith, due December 15, 1922, and contains tbe following recital as to indebtedness…