Farmers National Bank v. James

TARLTON, Associate Justice.

— In this case we find the following conclusions of fact, solving all questions of conflict in the evidence in support of the judgment below:

1. John Gr. James was indebted to the appellant in the principal sum of $3000.

2. On July 20, 1893, he executed and recorded a conveyance, for the purported consideration of $1, to the appellant, covering the property in controversy, certain real estate situated in the town of Wichita Falls. This conveyance was in form an absolute deed — in reality to secure the debt of James to the appellant.

3. James was the president of the…