Joiner v. Stewart
Joiner v. Stewart
Opinion of the Court
The appellees, as creditors of the Ingate Manufacturing Co., filed their bill to reach and subject to the payment of their debt, certain lots and improvements thereon. The bill avers that the Ingate Manufacturing Company was a partnership of which P. H. Joiner was a member; that the title to the lots were taken in the name of the wife of P. H. Joiner and held as his property or mere gifts to her, and that the improvements were erect
The conclusion of the court, from the whole evidence was, that complainants Avere entitled to relief, and the chancellor decreed accordingly, protecting by decree the mortgage made to secure the balance of the unpaid purchase money. The decree of the chancellor is affirmed, this court holding among other things, that whenever a deed absolute on its face is, in fact, a mere security for a debt, this constitutes the reservation of a benefit.
Opinion by
Reference
- Full Case Name
- Joiners. v. Stewart v. Butt
- Status
- Published