Williams v. Carter, Trustees

Opinion of the Court by

Judge Clay

Affirming.

In September, 1919, W. O. Williams and Herbert Williams purchased from J. Nevin Carter and Ernest Carter, trustees, an 80-acre tract of land in Lincoln county . The consideration was $17,689.80 of which one-third was paid in cash and three notes for the sum of $3,93i.29 payable in one, two and three years from date, and secured by a lien on the land, were executed for the balance. The deed contained a precipitating clause, and the -purchasers having failed to pay the first note, which was due January 1st, 1921, the vendors brought suit at the May…