Barrett v. Odom, May and DeBuys

ON APPLICATION FOR REHEARING

After further consideration of this case, the original opinion is withdrawn, and the following is substituted as the opinion of the Court.

Celeste Barrett and Carolyn Allan formed a partnership, Cedar Bark Lot 14 (hereinafter "Cedar Bark"), which purchased a parcel of real estate containing a residential dwelling from Barrett Builders, Inc., a corporation apparently owned or controlled by Celeste Barrett's then-husband, Raymond. In connection with the purchase Mrs. Barrett and Mrs. Allan executed and delivered a promissory note and a mortgage in the amount of…