Powell v. Adams

George Brown and wife, on the 23rd day of December, 1924, conveyed certain real estate to S. P. Powell and M, J. Powell, trustees, to secure the payment of $200, evidenced by a note bearing even date with the deed of trust and signed and endorsed by George Brown. Default was made in the payment of the note, and at the request of the noteholder, the trustees duly advertised the property for sale on October 4, .1937. At this sale the property was cried out to J. Q. Adams for the sum of $430.

For some reason payment of the purchase price was not made on the date of sale. Later the trustees wrote…