Shields v. Clifton Hill Land Co.
Tennessee Supreme Court
■ FROM HAMILTON. Appeal from Chancery Court of Hamilton County. T. M. McConnell, Gh.
1Opinion of the CourtCaldwell, J.
This is a suit by vendors of real estate to collect balance of purchase money remaining unpaid after enforcement of vendors’ lien, by resale of the land and application of proceeds.
On February 3, 1887, Mrs. Anna N. Watkins, a widow lady, and her daughter, Miss Alice M. Watkins, in consideration of one thousand dollars ($1,000) to them paid, executed to Chas. A. Lyerly, president of the East End Land Company, an option on their farm of 190 acres of land, near Chattanooga, *126Tennessee. By the terms of the option, the ladies bound themselves to execute to said Lyerly, ‘‘or his indorsee” of the…
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