Seay v. Ferguson

The Chancellor :

In the year 1858, complainant sold to one J. L. Carson, a negro woman and child for $1,200, and received in payment the note of Carson, with Ezekiel Elkin as surety, at twelve months, with interest. At the maturity of this note, it was renewed by a new note made by the same parties, dated May 25th, 1859, payable one day after date, for $1,272. The complainant being indebted to Dixon Ferguson for borrowed money, on the 21st of January, 1860, endorsed this note to said Ferguson, in satisfaction of said indebtedness, in the following form: “I assign the within note to Dixon…