Woodrome v. Burton
Court of Appeals of Texas
1Opinion of the Court
GRISSOM, Justice.
L. E. Burton and wife purchased a house and lot for $3,250. The deed showed both Burton and his wife as grantees. At the inception of the Burton’s title, Mr. Burton paid $1,000 out of his separate funds as a part of the purchase price. The balance of the purchase price ($2,250) was evidenced by a vendor’s lien note payable in 75 monthly installments, $30 principal and the accrued interest being due monthly. The note was signed by both Burton and his wife. L. E. Burton later paid $700 out of his separate estate on the note and the balance was paid out of the community estate.
Af…
2Cases cited2 opinions
- Gleich v. BongioTexas Supreme Court · 1937
- John Hancock Mutual Life Insurance v. BennettTexas Supreme Court · 1939
3Cited by4 opinions
- McFaddin v. CommissionerUnited States Tax Court · 1943
- Puckett v. PuckettCourt of Appeals of Texas · 1947
- Perkins v. PerkinsCourt of Appeals of Texas · 1952
- McFaddin v. CommissionerUnited States Tax Court · 1943