Randolph v. Thomas

In 1885, Watkins executed a trust deed upon his real estate, to secure a note for $300. This note was dated December 21, 1885, and was due one year after date. The trust deed, in the usual form, was registered December 21, 1885. On August 8, 1891, he executed a certain note to Reichman for $175, payable twelve months after date. This note had a provision as follows: “This note shall be held good on or by the same mortgage that was given for the security of a note for $300, dated December 21, 1885.”

Watkins died December 31, 1896, indebted to a number of persons. He left a will, made July 19,…