Federal Land Bank v. Fulcher

Under the law of this State, as well as the general law, I can not agree with the majority of the court in holding that the trial court erred in applying the funds realized by the plaintiff bank from an exercise of the power of sale contained in the security deed, by crediting the note sued on in this case with the pro-rata share of such funds as should be credited on the two installment notes for which this note was given as -collateral security for this note.

*609The note sued on in this case was not given for the purpose of taking the place of the two installment notes for $350 and $325, due…