Glenn v. Macon

163 So. 2d 239, 249 Miss. 493, 1964 Miss. LEXIS 411
CourtMississippi Supreme Court
DecidedApril 27, 1964
DocketNo. 42936
StatusPublished
Cited by4 cases

This text of 163 So. 2d 239 (Glenn v. Macon) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Glenn v. Macon, 163 So. 2d 239, 249 Miss. 493, 1964 Miss. LEXIS 411 (Mich. 1964).

Opinion

Kyle, P. J.

C. S. Macon and his wife, Ethel Pope Macon, appellants, filed their bill of complaint in the Chancery Court of Noxubee County against W. B. Glenn, as defendant, seeking the cancellation of a warranty deed, executed by the complainants to the defendant on January 9, 1962, conveying to the defendant approximately 110 acres of land in Noxubee County and also a certain deed of trust executed by the complainant to the defendants on January 9, 1962, to Shield Simms, Trustee, [496]*496for the use and benefit of the defendant, conveying to the trustee the above mentioned 110 acres of land and also certain personal property therein described. In their bill of complaint the complainants alleged fraud on the part of the defendant in the procurement of the above mentioned deed and mortgage deed of trust and inadequacy of consideration.

The complainants alleged in their bill that they had acquired title to the 110 acres of land by deed of conveyance from John F. Ames to the complainants dated February 27, 1942; that on February 27, 1942, the complainants borrowed from the United States of America, acting by and through the Secretary of Agriculture and pursuant to the provisions of Title I of Bankhead-Jones Farm Tenant Act, the sum of $4190 for the purpose of purchasing, fencing, clearing and improving the land, and constructing a dwelling house thereon; that the indebtedness was to be repaid in forty yearly payments of $181.26 by complainants to the Farmers Home Administration, also referred to in the record as Farm Home Security Administration; that the indebtedness was secured by a real estate-mortgage deed of trust on said lands executed by the complainants as mortgagors to the United States of America, a copy of said mortgage deed of trust being attached as an exhibit to the complainants’ bill. Complainants further alleged that over a period of twenty years after the execution of the deed of trust in favor of the Farmers Home Administration, due to lean crop years and other adverse conditions, the complainants became delinquent in the payment of personal property loans obtained by them from the Farmers Home Administration in the amount of approximately $2034.36; and in addition thereto, at the time of the execution of the above mentioned deed and deed of trust on the above mentioned land by the complainants to the defendant on January 9, 1962, the complainants were also in default in the payment of one [497]*497yearly installment of $181.26 on the real estate mortgages owing by the complainants to the Farmers Home Administration, and another installment of $181.26 was to become dne in March 1962,

The complainants further alleged that sometime during the late fall of 1961 the Farmers Home Administration requested of the complainants that all of the delinquent installments of the indebtedness secured by the above mentioned real estate mortgage deed of trust and other indebtedness then due be paid up to date; that the complainants discussed with the defendant at that time the matter of obtaining a loan from the defendant to be secured by a second mortgage on their dwelling house and the land; that the defendant told the complainants that, if they could not get the matter satisfactorily arranged in any other way, he would make them a loan under the conditions already discussed; and that shortly thereafter the defendant directed the complainants to go to his attorney’s law office in Columbus and sign the papers and he would pay the delinquent amounts due the FHA, and he would continue to let them live on the place and work the land and give them five years in which to pay the money, and he would pasture cows on some of the land. The complainants further alleged that at that time there were certain livestock, plow tools and a tractor on the land, on which the FHA had a mortgage; that the complainants discussed the matter with the agent of the FHA in Macon, and the agent advised them that when the indebtedness was paid and brought up to date the livestock cattle, tractor, and personal property would be released, and the complainants could give a first deed of trust on the personal property, and a second deed of trust on the land.

The complainants further alleged that on or about January 8 or 9, 1962, the defendant, gave them $10 and instructed them to go to his lawyer’s office in the City [498]*498of Columbus for the purpose of signing the papers; that complainant C. S. Macon was unable to read and could barely sign Ms name, and that the complainant Ethel Pope Macon had practically no education and was barely able to read; that they were accustomed to rely upon others who were better educated and more experienced in business transactions; that they had explicit faith and confidence in the defendant and believed that he was acting in good faith and that he would not misrepresent anything to them, and they agreed to sign the papers prepared by his attorney; that when they arrived at the attorney’s office on January 9, 1962, they were assured by the defendant that the papers were in accordance with their agreement, that is, that they were giving a first mortgage on. the livestock and implements for a furnish for the year 1962, and a second mortgage on the land and buildings to secure the defendant for payment of the delinquent indebtedness due the PHA, and acting upon the defendant’s assurance and advice and the confidence reposed in him they executed what was represented to them as a trust deed to secure an indebtedness of $2215.56, with interest at the rate of six percent per annum, and to become due one year from the date thereof; that the complainants had the defendant’s verbal assurance before and after the execution of the above mentioned instrument that they would have five years from the date thereof in which to repay to the defendant the money he had expended in paying the PHA its money; that at no time did they have the advice of any other person wholly disconnected with the transaction.

The complainants further alleged that on January 9, 1962, at the time of the signing of the above mentioned instruments in the office of the defendant’s lawyer, the real and personal property combined and owned by the complainants was worth $7500 to $8000, and that the total amount of the money paid out by the defendant [499]*499was $4899.75; that the complainants went about their business of farming and making a crop, laboring under the impression that they had only signed two mortgages, a first mortgage on the personal property and a second mortgage on the real property, and it was not until the fall of the year, when they approached the defendant about paying the indebtedness and redeeming their personal property and making a payment on the real property, that they were advised that they had signed a warranty deed bearing the same date and conveying the same land to the defendant as that described in the trust deed; and the complainant C. S. Macon was advised by the defendant that he did not want to hear anything more about the indebtedness. The complainants further alleged that they were in a position to pay a substantial portion of the debt that had been paid by the defendant to the FHA; that the defendant, however, refused to accept such payment, claiming that he owned the farm. A copy of the warranty deed dated January 9, 1962, was attached as Exhibit “C” to the bill of complaint.

The complainants further charged on information and belief that the defendant, sometime during the latter part of September or the first part of October 1962, contacted Mr.

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Cite This Page — Counsel Stack

Bluebook (online)
163 So. 2d 239, 249 Miss. 493, 1964 Miss. LEXIS 411, Counsel Stack Legal Research, https://law.counselstack.com/opinion/glenn-v-macon-miss-1964.