GRIFFIN SMITH, Chief Justice.
The appeal is from the chancellor's dismissal of an action to have a deed, regular in form, declared a mortgage. Valuable oil deposits were developed about ten years after delivery of the deed, the worth of which far exceeds surface ownership of the' 40-acre fee.
Over a period of approximately twenty years P. C. Grayson had been making small loans to Littleton Williams. In June, 1931, Williams and his wife secured a balance of...
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