Cargile v. Briscoe

Opinion of the Court by

Chief Justice Sampson

Affirming.

Appellee, Briscoe, sold to H. S. Cargile a tract of land for more than $24,000.00 in November, 1919, the purchase price being evidenced by seven (7) notes signed by Cargile and payable at intervals thereafter, each note secured by lien upon the lands. As there was no cash paid the first note was due and payable on March 21,' 1920, and was for the sum of $10,000.00, with interest at six per cent from January 1st until paid. It recited: “This note is one of a series of notes this day given for land conveyed and secured by .a lien thereon.”…