Douthitt v. Ky. Joint Stock Land Bank of Lexington

Opinion op the -Court by

Creal, Commissioner—

Affirming.

In May, 1932, Martine Douthitt, as principal, Fleming B. Douthitt, Mallie Douthitt and C. E. Dawson, as sureties, executed and delivered to the Kentucky Joint Stock Land Bank of Lexington, hereinafter referred to as the bank, two purchase money bonds representing the purchase price of a tract of land in Daviess county sold by the master commissioner. The bonds were for $2,050.65 and $1,840.09, respectively and due six and twelve months after date. Because of default in payment of the bonds, the bank caused the land to be sold for the…