Gunst v. Pelham

Gaines, Associate Justice.

Appellee Pelham, on the 25th day of August, 1886, sold to one Johnson a tract of land and certain live stock, consisting of horses, cattle, and hogs, for which Johnson paid in cash $368, and executed his six promissory notes amounting in the aggregate to the sum of $5500, and at the same time bound himself to pay a note executed by Pelham to Murchison & Coleman for the sum of $1050, which was secured by a mortgage upon' the land. The consideration was recited in the deed and a lien was expressly reserved upon the land for the payment of the notes. Subsequently…