May Realty Co. v. Lohman

Dawson & Company borrowed $25,000 from L. 0. Lohman, executing notes which were indorsed by C. R. Dawson individually, and securing the debt by a deed conveying certain described property. Dawson & Company afterwards conveyed the property to John H. Candler, who assumed the loan as a part of the consideration; and Candler in turn conveyed the property to May Realty Company, and that company assumed the loan in favor of Lohman. The debt being in default, Lohman brought suit to obtain judgment against Dawson & Company as maker, Dawson individually as indorser, and Candler and May Realty Company…