TRI-D ACCEPTANCE CORPORATION v. SCRUGGS

8 Div. 300.

223 So.2d 273 (1969)

TRI-D ACCEPTANCE CORPORATION v. Theodis SCRUGGS et al.

Supreme Court of Alabama.

May 8, 1969.


Attorney(s) appearing for the Case

Norman W. Harris and Julian Harris, Decatur, for appellant.

Jas. P. Miller and Thos. C. Pettus, Moulton, for appellees.


HARWOOD, Justice.

This is an appeal from a decree enjoining Tri-D Acceptance Corporation from foreclosing a mortgage given by Theodis Scruggs, Floyd Scruggs, and Carl Scruggs to Morris Bros. Construction Company, which company assigned the mortgage and note secured thereby to Tri-D Acceptance Corporation.

The only question involved in this review is whether Tri-D Acceptance Corporation was a bona fide purchaser in due course of the note and mortgage.

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