GUARANTY MTG. CO. OF NASHVILLE v. RYAN SUPPLY

No. 50617.

363 So.2d 739 (1978)

GUARANTY MORTGAGE COMPANY OF NASHVILLE d/b/a Nashville Guaranty Mortgage Company and First American National Bank v. RYAN SUPPLY COMPANY.

Supreme Court of Mississippi.

Rehearing Denied November 15, 1978.


Attorney(s) appearing for the Case

Butler, Snow, O'Mara, Stevens & Cannada, Robert C. Cannada, George H. Butler, Charles E. Gibson, Jackson, for appellant.

Brunini, Grantham, Grower & Hewes, John A. Welsch, Jr., Jackson, for appellee.

Before ROBERTSON, P.J., and SUGG and COFER, JJ.


COFER, Justice, for the Court:

This is an appeal from the Chancery Court of the First Judicial District of Hinds County, wherein, under circumstances presently to be related, a final decree was rendered cancelling a foreclosure sale and adjudicating to appellee ground rents.

Ryan Supply Company (Ryan Supply), a Delaware corporation, qualified to do business in Mississippi, owned lands termed "Jacksonian Plaza" in the pleadings and trial and so hereinafter...

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