Enterprise Bank v. Federal Land Bank

The opinion of the Court was delivered by

Mr. Justice Cothran.

This is an action by the plaintiff, as assignee, to foreclose a certain alleged mortgage executed by Maud Talley and L. O. Talley to J. L- Chastain, dated January 23, 1920, as security for the payment of six notes of $216.70 each, aggregating $1,300.20, and covering a certain tract of land, _ » described in the complaint, containing 50 acres more or less. The Talley notes and mortgage were assigned by J. E. Chastain to the plaintiff, Enterprise Bank, eight days later, on January 3E 1920, as collateral security for the payment of a…