Cooper v. Hinman

The facts which control this case are undisputed and, briefly stated, are:

In the fall of 1915 Dan Wagoner conveyed to H. R. Hinman by general warranty deed 50 acres of land in Eastland county for the recited consideration of $1,500, $250 recited as cash, and the balance represented by one note for $150 due November 1, 1916, and one note for $1,100 due November 1, 1917; the two notes being secured by reserved vendor’s lien. The recited $250 cash was in fact not paid, the two notes constituting the entire consideration for the land. Hinman and wife at once went into possession and so remained…