Owings v. Porter

WILLIAMS, Justice.

Under a deed dated February 17, 1928, executed by the appellant, W. R. Owings, Jr., joined by his wife, one Sam P. Chitwood acquired title to Lot No. 1 in Block 2 in Terrace Gardens Addition to the City of Longview. This deed described a $500 vendor’s lien note then executed by Chitwood payable to appellant and expressly retains vendor’s lien on the property to secure payment of the note. On March 14, 1928, Chitwood and wife entered into a contract with one Anderson to erect a residence thereon. As a result of this deal Chitwood and wife executed to Anderson a $2,000…