First National Bank v. Moor

JAMES, Chief Justice.

The bank held notes of appellee, secured by deeds of trust to W. H. Burges, trustee. At the time of the trustee’s sale appellee also owed the bank ten or twelve thousand dollars of unsecured indebtedness.

On July 1,1902, the trustee under one of the deeds of trust on July 1, 1902, sold the lot therein described in block 38, Mills’ map of El Paso, for $13,500, and resold same lot under the other deed of trust for $250, and another lot in same block 38 for $17,500, the bank being the purchaser of all, and on July 2d he made deeds to the bank for same.

Besides the above facts,…