First Nat. Bank of Atlanta, Tex. v. Thomas

On Rehearing.

O’NIELL, C. J.

The plaintiff claims a tract of land containing 40 acres, in Caddo parish, and six lots in the town of Odessa, in that parish. The suit is founded upon a deed signed by the defendant, J. H. M. Thomas, to the plaintiff bank, dated the 11th of January, 1908, in which deed the price was said to be $2,000 cash, with this right of redemption, viz.: “It is understood and agreed that if this amount or such part thereof as is due on January 1, 1909, is taken up this deed is to be made back to me, otherwise to be in full force and effect.” This suit was filed on the 31st of…