Hood v. Warner

Hatcher, Judge:

Land sold in the cause of Della Kile v. Ashby Warner, was purchased by G. Z. Warner, at the price of $1,990.00. He paid $400.00 cash and executed his notes for the balance, assigning as security therefor, certain collateral to the sales commissioner. Nothing was paid on the notes, and the land was re-sold, but did not bring enough to satisfy them. The collateral was three of a series of five vendor’s lien notes made by W. W. Warner. The other two notes of the series were assigned by G. Z. severally to a bank, of which C. E. Lawhead later became receiver, and to Filmore Simpson.…