King v. City Nat. Bank of Paducah, Ky.

The bill is by the City National Bank of Paducah, Ky., to foreclose a vendor’s lien on a large body of land located in Colbert county in this state. These timber lands were formerly owned by the A. B. Smith Lumber Company, a partnership composed of A. B. Smith and his wife, E. K. Smith, and sold in May, 1924, to M. P. Haynes, doing business as the Haynes Lumber Company. The deed recited the retention of a vendor’s lien for the purchase price, and the purchase-money notes contained similar ‘ recitals. ' The purchase price was in round numbers $90,000, and the purchase notes Were transferred…