Childress v. Pyron

Appellees sued appellant for rescission and cancellation of a trade made between the Pyrons and Childress on or about December 22, 1923. Pyron traded to Childress a store and confectionery business in Aransas Pass for the transfer to appellees of a 640-acre section of land in Brewster county. As part of the trade Childress assumed to pay the debts of appellee against the business, and appellees delivered their note to Childress in the sum of $2,000, which note appellant transferred to appellee Ull-anann, Stern & Krausse, Inc., as collateral to secure a debt of Childress held by the said…