Wardlaw v. Woodruff

In 1915 W. E. Wardlaw borrowed from C. E. Johnson $6000, and to secure the loan executed five notes for $1200 each, maturing yearly over a period of five years, and secured the loan with a deed conveying two hundred acres of land in Muscogee County. Through successive assignments the security deed and notes were held and owned by George C. Woodruff in 1926. Prior to the execution of the security deed W. E. Wardlaw had a homestead set apart to him in the land described. Wardlaw died in 1922, and his widow, the sole surviving beneficiary under the homestead, died in 1916. Wardlaw paid one note…