First National Bank v. Houts

HENRY, Associate Justice.

This suit was brought by the appellant against F. M. Houts, the appellee, and J. J. Long, upon three promissory notes, one of which was signed by both defendants, and the other two by Houts alone.

The defendant Houts had executed a deed of trust to secure said notes upon all of his graded shorthorn and Hereford she cattle then on his ranch in Wise County, consisting of about 300 head, containing authority for the trustee, one Mayes, to take possession of and sell the cattle, and apply the proceeeds, if said notes should not be paid at their maturity. At the time of…