Thurman v. First State Bank of Carbon

Suit was by the appellee bank against J. H. Thurman, as maker, and Mrs. S. E. Thurman, his mother, as indorser and guarantor, of a negotiable note. The note recited in its face that it was given in part payment for certain lots situated in the town of Carbon, Eastland county. The deed of even date with the note, executed by Mrs. S. E. Thurman, a widow, to her son J. H. Thurman, described the note sued upon and expressly retained a vendor’s lien against the property conveyed to secure the payment thereof. J. H. Thurman transferred the note to the Bank of Carbon for a small amount of cash and…