Champlin v. McLeod
Mississippi Supreme Court
Appeal from the Chancery Court of Panola County. Hon. J. C. Gray, Chancellor. In the year 1871, J. N. McLeod and his wife sold to W. D. and D. A. Champlin, the wife’s land for $8,600, of which $1,000 was paid in cash, and for the balance W. D. and D. A. Champlin gave two notes, and McLeod and wife gave a bond for title. In the year 1873, J. N. McLeod formed a mercantile partnership with one M. B. Jones, under the firm name of McLeod & Jones.
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Appeal from the Chancery Court of Panola County. Hon. J. C. Gray, Chancellor. In the year 1871, J. N. McLeod and his wife sold to W. D. and D. A. Champlin, the wife’s land for $8,600, of which $1,000 was paid in cash, and for the balance W. D. and D. A. Champlin gave two notes, and McLeod and wife gave a bond for title. In the year 1873, J. N. McLeod formed a mercantile partnership with one M. B. Jones, under the firm name of McLeod & Jones. McLeod put' in the notes given by the Champlins as his contribution to the partnership capital. On the fourteenth day of February, 1874, by agreement of…
1Opinion of the CourtCampbell, J.
The appellees, who are husband and wife, jointly owned a tract of land in Panola County, and bargained it to W. D. and D. A. Champlin, giving them a bond for title, and taking their notes for the purchase-money. These notes were put by the husband, McLeod, into a mercantile concern of which he was a partner, as his contribution to the capital stock, and subsequently, by agreement of all parties interested, the bond for title was surrendered to the appellees, who made a deed conveying the land to D. A. Champlin, and Annie Champlin, wife of said W. D. Champlin ; and a note was given for the…
2Cases cited1 opinion
- Patterson v. EdwardsMississippi Supreme Court · 1855
3Cited by2 opinions
- Tate v. BushMississippi Supreme Court · 1884
- Yates v. CouncilMississippi Supreme Court · 1924