Old Nat. Bank v. Swearingen

This suit involves an effort of the Old National Bank, as guardian of certain minors, to subject real estate conveyed in trust by Mrs. Anna B. Morgan, deceased. The trust conveyance was made to secure a loan made to Mrs. Morgan by the bank and evidenced by note in the sum of $3,000. The chancellor rendered a decree against the administrator of Mrs. Morgan for the amount due on her note, but dismissed the bill in so far as it songbt to enforce a lien on the land. The case was tried on a stipulation of the facts, and the bank appealed directly to this court.

The principal question is as to the…