A release of a deed of trust or a conveyance of the property embraced therein may in all cases be made to the original grantor, whether living or dead, and any release or reconveyance heretofore or hereafter so made shall inure both in law and in equity to the successors in title of such grantor.
Code 1919, § 6456; 1926, p. 82; 1930, p. 71; 1932, p. 121; 1944, p. 199.