State Trust Co. v. Morrison

On February 16, 1920, Walter Salm purchased a lot with a residence and other improvements thereon in the city of Wichita Falls. As part of the purchase price for said property he executed bis two promissory notes for the sum of $2,750 each. A vendor’s lien was retained in tbe deed to him to secure the payment of tbe notes, and he and his family resided on the lot, which was their homestead, from the date of purchase until January 1, 1924. On March 10, 1923, he and his wife executed a contract with the Plains Paving Company, a copartnership composed of William G. Morrison and J. P. Coleman.…