Roy v. Roy

Opinion of the Court by

Hobson, Commissioner — ;

Affirming.

On April 1, 1929, Fountain W. Roy, executed a deed to L. B. Roy, Ms son, for Ms borne place, containing about fifty-five acres * of land. Tbe material part of tbe deed is in these words: “That said party of-tbe first part, for and in consideration of the sum of $500.00, Five Hundred Dollars, in hand paid, the receipt of ■which is hereby acknowledged (to secure deferred payment a lien is retained upon the property hereinafter described) do hereby sell and convey to the party of the second part, his heirs and assigns the following…