Cavitt v. Gulledge

Appellant’s statement of the case is substantially correct, and it is as follows:

“The appellee, J. E. Gulledge, instituted this suit against the appellant^ J. E. Cavitt, and First National Bank of McGrego^ on the 19th day of April, A. D. 19^0, alleging that about six years prior to instituting this suit, he executed his note for 84,000 to Mrs. Cavitt, mother of appellant, and that as security for the note he hypothecated with appellant one-third of the capital stock of the McGregor Dry Goods Company, and that said stock was also security for an indebtedness owing by appel-lee to First…