Abernathy Furniture Co. v. Spencer

The matter in controversy between the parties to this proceeding is the validity, of an attempted forfeiture of the rights obtained under a purchase .of school land. A quarter-section of school land in Logan county was sold on January 9, 1886, to W. M. Forbes, who paid one-tenth of the purchase price and obtained a certificate of purchase. The interest on the deferred payments was to be paid annually by the purchaser, as the statute requires. Shortly after the purchase, Forbes transferred his interest to The Abernathy Furniture Company and Miller Hall, and made an assignment of the…