RANKIN v. BROKMAN

No. 56851.

502 So.2d 644 (1987)

Johnny L. RANKIN and Dorothy Mae Rankin v. Katie Mae BROKMAN and Fannie Mae Johnson.

Supreme Court of Mississippi.

Rehearing Denied March 4, 1987.


Attorney(s) appearing for the Case

Hudson L. Thomas, Yazoo City, for appellants.

T.H. Campbell, Jr., Yazoo City, for appellees.

Before ROY NOBLE LEE, P.J., and SULLIVAN and ANDERSON, JJ.


ANDERSON, Justice, for the Court:

This is an appeal from a decree of the Chancery Court of Yazoo County rendered on August 16, 1985, holding that two instruments, one purporting to be a warranty deed and the other purporting to be a bill of sale, executed by Katie Mae Brokman and Fannie Mae Johnson in favor of Johnny L. Rankin and Dorothy Mae Rankin were actually mortgages, whose only effect was to vest the Rankins with a security interest in the property described...

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