Supreme Court of Alabama February 12, 1920, 3 Div. 426. (Thompson v. Union Bank & Trust Co.)

lead-opinion

SAYRE, J.

Appellant’s perfect equity, except as against a bona fide purchaser for value without notice, cannot be denied. The only question, then, is whether appellee, the Union Bank & Trust Company, is such purchaser. The bank deraigned title as follows: Cowart, owning the property at the time, mortgaged it to appellant to secure a loan of money.