Harris v. Carver

On October 5, 1914, W. T. Harris and S. V. Harris, his wife, conveyed to R. E. Yancey, his home, consisting of about sixty-five acres of land in Mecklenburg county. This deed was admitted to record on the day following. It is with general warranty; payment of the consideration of $1,800.00 is acknowledged. As a matter of fact payment was not made in cash, but Yancey paid, with the consent of W. T. Harris, Harris’ debts aggregating that sum. There is no suggestion of inadequacy of consideration. The transaction amounts to this. Harris, who was insolvent, sold his farm to Yancey, and applied…