McKay v. Matthews

On November 17, 1919, appellee Matthews sold to J. R. O’Neal 138 acres of land for $3,876.80, evidenced by 12 vendor’s lien notes for $325 each, except the last one, which was for $300, payable one each year. On November 27, 1919, O’Neal and wife sold said land to J. R. Carder for $4,954, $1,400 in cash, and Carder assumed the payment of the last 11 of the said notes executed by O’Neal to appellant Matthews. On December 13, 1921, J. R. Carder and wife, Ada Carder, executed an oil and gas lease on said land to J. W. Caldwell, for the consideration of $100. On February 22, 1921, J. R. Carder…