Threadgill v. Federal Land Bank of Houston

The facts in this case involve the purchase of a tract of land of some 2,586 acres, in Hartley county, by L. L. Amason. Loans had been made on the tract by the Federal Land Bank of Houston and by the American Life Insurance Company, and probably by the Wichita State Bank. N. W. Threadgill, of Henrietta, Clay county, Tex., bought all of the tract, except 200 acres retained by Ama-son. During the latter part of the year 1925, Threadgill proposed to sell to R. L. Riner, the latter of Wichita Falls, all of the tract theretofore purchased by Threadgill. Threadgill offered to sell the tract for…