Russell-Coleman Oil Mill v. Johnson

On March 27, 1916, the Moore Gin Company executed a deed of trust conveying to a named trustee block 1 of the Biediger addition to the town of Moore, in Frio county, to secure the payment of a promissory note of the same date for the sum of $8,000, executed by H. E. Johnson, and payable, three years after its date, to the order of T. A. Coleman. The deed of trust was forthwith recorded.

By its terms the original note matured on March 27, 1919, on which date it was renewed to mature September 23, 1919, but no written extension was executed or recorded as then provided by Rev.St. 1911, arts.…