Grayson v. Goolsby

The original bill was for the enforcement of a materialman’s lien in the erection of a new house on a vacant city lot owned by one Goolsby, and upon which vacant lot there was a first mortgage to the United States Bond & Mortgage Company in the sum of $.1,-800, the mortgage reciting that it was “given to secure a construction loan on the real estate.”

All lienholders, mortgagees, and those claiming any interest in the property were made parties, and by the decree their respective interests, lions, and priorities were fixed. As to this feature of the decree no complaint is made, and details in…