Lawrence v. Spivey

Lola Spivey filed her petition against L. E. and W. B. Lawrence and Rufus Woolfolk, alleging that she procured the Lawrences to pay for her certain past-due purchase-money notes and taxes on a house and lot bought by her under bond for title from one Bowen, such advances to be repaid within twelve months; that as security for such advances she transferred to them her bond for title to the premises in controversy; that while such transfer was absolute in form, it was in fact made for security, with the further security that the rents should ' be collected by the Lawrences and applied to th.e…