Jeffrey v. Bond

SHANNON, Justice.

Appellee, Tay Bond, filed suit in the district court of Travis County to establish a first and superior lien in 5.33 acres, and to enjoin appellants, T. D. Jeffrey, Jr., T. D. Jeffrey, Trustee, and C. T. Uselton from conducting a deed of trust sale of that acreage. Upon trial to the court, a judgment favorable to appellee was entered. We will affirm that judgment.

Appellee’s suit resulted from a tangled sleave of financial transactions which we now unravel. In October of 1969, C. T. Uselton and A1 Craus owned the 5.33 acre tract. At that time, Craus needed $27,200, and in…