Supreme Court of Alabama June 12, 1998, 1970635 (Bank of Prattville v. Colonial Bank)

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United States · · · 12-06-1998

HOUSTON, Justice.

Colonial Bank sought a declaratory judgment against Bank of Prattville to obtain funds to satisfy the principal owed on a debt secured by a second mortgage held by Colonial Bank on property that had been sold in a foreclosure sale, prejudgment interest, and attorney fees, from funds recovered by Bank of Prattville in a mortgage foreclosure sale. William T.

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