Webb v. Lamar

BROWN, Justice.

Taking the averments of the bill as true and treating amendable defects as amended, as must be done in considering the general demurrer for want of equity, the complainant by the contract of sale and purchase as evidenced by the contract of February 10, 1932, acquired from the Peoples Bank & Trust Company, the vendor, the equitable title to the property, the subject matter of said contract, the vendor retaining the legal title as a security for the payment of the purchase money. Brown v. Beatty, 76 Ala. 250; Bankhead et al. v. Owen, 60 Ala. 457, 466, 467; Seeberg v. Norville et…