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FED. LAND BANK v. GAINES

No. 112.

290 U.S. 247 (1933)

54 S.Ct. 168

78 L.Ed. 298

FEDERAL LAND BANK OF COLUMBIA, SOUTH CAROLINA, v. GAINES.

Supreme Court of United States.

Decided December 4, 1933.

Attorney(s) appearing for the Case

Mr. Peyton R. Evans, with whom Messrs. I.M. Bailey, Harry D. Reed, and J.S. Massenburg, and Miss May T. Bigelow were on the brief, for petitioner.

Mr. M.R. McCown for respondent.

By leave of Court, Mr. Irving P. Whitehead filed a brief as amicus curiae.

MR. JUSTICE STONE delivered the opinion of the Court.

This suit was brought by respondent in the Superior Court for Polk County, North Carolina, to cancel a mortgage, given by her to petitioner, as invalid for want of consideration. It presents a question of the construction of the Federal Farm Loan Act of July 17, 1916, c. 245, 39 Stat. 360, which was raised and decided upon an agreed statement of facts. Judgment for respondent was affirmed by the Supreme Court of...

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