Richter Phillips Co. v. Phillips

On June 1, 1925, Charles C. Buder executed a deed of trust in favor of the appellee, F. P. Phillips, to secure an indebtedness of four thousand one hundred fifty-three dollars and sixteen cents, evidenced by a promissory note for that sum, due June 1, 1926, and this deed of trust was duly recorded in the office of the chancery clerk of Lowndes county. On October 22, 1931, the appellant, the Richter Phillips Company, secured a decree in the chancery court of Lowndes county against the said Charles C. Buder for the sum of one thousand four hundred sixty-one dollars and fifty-five cents, and…