American National Bank v. Presnall

Jesse H. Presnall. "who had charge of 34,560 acres of land in Texas, the legal title to which was in N. B. Pulliam and William Childress, negotiated a sale of the same to Dubois & Wentworth through M. R. Dubois. The lands were incumbered ; and it was agreed that, as part of the purchase price of $1.62i per acre, Dubois & Wentworth should assume the payment of the incumbrances on the lands. Presnall was to receive a substantial part of the purchase price, the remainder to be divided with Pulliam and Childress. All these parties were residents of Texas ; and Dubois & Wentworth, as well as…