Steffens v. Jackson

This suit was brought by Jackson to set aside a sheriff's sale of a forty acres tract of land lying in the suburbs of the city of Abilene, which at the time of the sale, September 6, 1894, was worth $1000. It sold for $10.25, and was bought in by O.W. Steffens, who was president of the First National Bank of Abilene, plaintiff in the execution. Steffens, a few days after he bought it, conveyed the land to Radford, a director in the bank, who executed to him his negotiable promissory note for $75 for the land. The note is long past due and is still held by Steffens, because, as he testified,…