The appeal is from a decree sustaining demurrers to the amended bill, which sought an accounting, and thereupon redemption from an unforeclosed mortgage on real estate. The conclusion prevailing below was rested upon laches on the part of those who would now invoke to their advantage the powers of a court of equity. The court found apt authority for its judgment in Snodgrass v. Snodgrass, 185 Ala. 155, 64 South. 594. The decree was well rendered, as will appear from a condensed recital of the presently material allegations of the amended bill.
Smith Lucas owned the land described in the bill. In December, 1886, he executed a mortgage thereon to Taylor and Johnson. Subsequently, but prior to the year 1896, the mortgagor induced W. A. Skinner to buy the mortgage from the mortgagees. The mortgage was transferred and assigned for value to Skinner. It is averred that, apparently contemporaneously with the assignment of the mortgage to Skinner, Skinner promised or agreed with the mortgagor to nQt foreclose the mortgage (though the mortgage debt was long since over due), “but would take possession of the lands described in said mortgage, * * * and would rent the same out, collect the rents, and, after paying, the taxes and all lawful charges against the lands, would apply the
This bill, filed March 12, 1913, is by the personal representative of the estate of Smith Lucas, deceased mortgagor, and is against the heirs at law of Skinner. It seeks an accounting, and thereupon redemption under the asserted equity to that end, covering the time from the year 1896 — a period of between 16 and 17 years. As the asserted agreement indicates, the accounting sought would involve the ascertainment of the amount of annual rents received from the year 1896 up to the death of Skinner, 7 years late (1903), and the period extending for the year 1903 up to the filing of the bill in March, 1913, would involve, if the element of taxes paid under the alleged agreement should be left out of consideration, because they, annually or in the aggregate, might be definitely ascertained, the matter of the
We pretermit treatment of other considerations mentioned in brief of appellant, among them the statute of
The decree is affirmed.
Affirmed.