Jackson v. Reed

Findings of Fact.

Appellee Reed was the owner of four promissory vendor's lien notes, executed by appellant, aggregating $650, upon which some payments had been made prior to the institution of this suit. Appellant, for the purpose of further securing the payment of said notes, delivered as collateral security to appellee Reed vendor's lien notes, executed by T. A. Erwin, and payable to appellant, amounting in the aggregate to $425. Erwin having failed to pay said notes when due, appellee Reed brought suit, and recovered judgment thereon, and for foreclosure of the vendor's lien. Afterwards…