Federal Land Bank v. Paschall

Atkinson, Justice.

In 1933 an action was instituted by the Federal Land Bank of Columbia against H. and P. It is alleged in the petition that the defendants are indebted in a stated amount *225to petitioner as payee and present'holder of a promissory note for the principal sum of $3000, executed by EL in 1922, for which amount it seeks a general judgment against both defendants; also that P. assumed the terms of the note and agreed to pay the indebtedness evidenced thereby, in virtue of “an assumption clause contained in a certain warranty deed from” EL to P., recorded in “Book 1, page 33” of the…