Johnson v. Patterson

WOODS, Circuit Judge.

The facts are as follows: On February 13, 1873, Patterson made and delivered to Johnson his two promissory notes of that date for $3.000 each, due respectively on the first days of October and November next following, and at the same time placed in the hands of Johnson planters' bonds to an amount exceeding $0.000, with the promise that afterwards the bonds were to be returned, and a mortgage of his stock of goods was to be made by- Patterson to Johnson, to secure the notes. This agreement was carried out by the execution , and delivery by Patterson to Johnson, on March…