Dart v. Southwestern Building & Loan Ass'n

Lumpkin, Justice.

On October 20th, 1892, Dart obtained from the Southwestern Building & Loan Association an advance or loan of $1,000, upon certain share's of stock which he held therein. 'The transaction between himself and the association was in part evidenced by a bond in the penal sum of $2,000, and also by a deed to land which he executed for the purpose of securing the performance by him of his covenants and obligations as expressed in the bond. The condition of this bond was, that Dart should “well and truly pay to the said association, .so long 'as payments 'are due in tire series 'to…