Cope v. Northup

Opinion op the Court by

Morris, Commissioner—

Affirming.

On March 10, 1928, Albert Northup conveyed a tract of land to Louise Cope, wife of appellant Scott Cope, for $4,000, one-fourth cash, a note executed for the balance, its payment being’ secured by vendor’s lien. By a payment, not clearly shown in the record, this note was reduced by a credit of $40, leaving due $2,960; but it will be referred to as the $3,000 note.

Some time thereafter Albert Northup pledged this lien note to the Hargis Bank & Trust Company to secure the payment of two notes which he owed the bank, one for $1,100, and the…