Casas v. Federal Land Bank of Houston

SMITH, Chief Justice.

This action involves the validity of a sale of real property under power conferred in a deed of trust given to secure the debt of Celso Casas in favor of the Federal Land Bank of Houston. It was provided in the deed of trust that in case of default the property should be sold by the named trustee, M. H. Gossett, in satisfaction of the debt secured, as is usual in such instruments. It was further provided that: “If the said Trustee shall die, or shall remove from the State of Texas, or shall be disqualified from acting in the execution of this trust, or shall fail or…