Interstate Land & I. Co. v. Logan
Supreme Court of Alabama
Appeal from Geneva Chancery Court. Heard before Hon. W. R. Chapman. Bill by the Interstate Land & Investment Company against Sallie H. Logan to enjoin the foreclosure of a mortgage; by amendment to the bill Mrs. G. H. Holloway was also made a party respondent. From a judgment for respondents on demurrer, complainants appeal.
1Opinion of the CourtThomas, J.
It is averred that Mrs. G. H. Holloway was the owner of about 2,000 acres of land described in her mortgage *198to Sallie H. Logan, of date October, 1909; that in 1911, for a valuable consideration and with covenants of warranty, she sold to the Montgomery Bank & Trust Company 1,828.50 acres of said lands. It is further averred that on the 2d day of January and on the 24th day of June, 1912, said mortgagee, Logan, executed a purported release from said mortgage to about 880 acres of said lands, in favor of J. C. McEachern, E. A. Majors, and D. H. Harris. It is further averred that said mortgagee…
2Cases cited46 opinions
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