Kokernot v. Gilstrap

HARVEY, Justice.

Plaintiffs, Homer Gilstrap and wife (appellees herein), by deed dated February 24, 1941, sold to W. H. Kokernot, Jr., and wife (appellants), a house and lot in Longview, Texas, for a recited cash consideration of $1,631.15, and the assumption by the purchasers of an outstanding Federal Housing Administration loan against the property. On March 21, 1942, W. H. Kokernot, Jr., was fatally injured in an automobile accident, and six days later his widow gave a deed to the house and lot to her father-in-law, W. H. Kokernot, Sr. On March 30, 1942, the plaintiffs filed for record in…