Gresham v. McElroy

WOODRUFF, Justice.

Appellee, Charles P. McElroy, instituted this suit on October 19, 1956, in the District Court of Wharton County against appellants, Ralph R. Gresham and wife, Johnnie Gresham, alleging that he was the owner of a note dated April 13, 1956, executed by appellants for $8,961 payable to Colorado County Federal Savings and Loan Association or order, bearing 6% interest and payable at $90 per month beginning June 1, 1956, secured by a deed of trust executed by appellants creating a lien on Lot No. 5 in Block No. 3 in McCarson Subdivision in the S. F. Austin Grant in Wharton…