Texas Nat. Securities Co. v. Oldham

WALKER, Chief Justice.

Appellant, Texas National Securities Company, filed its original petition in this cause against appellee, G.. Oldham, on November 2, 1934, alleging for cause of action the following facts: On January 29, 1931, appellee executed to appellant his promissory note in the principal sum of $2,000, due one year after date, secured by a deed of trust upon lot 11, block 23, Jef Chaisson addition to the city of Beaumont; appellee defaulted in the payment of this note and the property was sold at trustee’s sale on the first Tuesday of April, 1933, and bought by appellant for the…