Chase v. First National Bank

STEPHENS, Associate Justice.

On the first day of March, 1884, John L. Cleveland, then the owner of the land in controversy, executed to W. F. Sommerville a trust deed in the nature of a mortgage on said land, to-wit, a tract of 198 acres, situated in Johnson County, to secure George Halley and Alexander Gilroy in the payment of a certain promissory note for $1200, payable to their order in Fort Worth, Texas, with interest at 11 per cent per annum, payable semi-annually on the first days of March and September of each year, according to the terms of ten interest coupon notes thereto annexed;…