Pan-American Life Ins. Co. v. Texas Mortg. Loan Co.

In January, 1921, R. W. Counts executed bis note for $4,000, payable to the Texas Mortgage Loan Company at its office in Waxahachie, Tex., on December 1, 1927, and in connection therewith executed interest coupon notes, payable annually.'. He secured the payment of said notes with a deed' of trust on certain lands in Ellis county. The principal, as well as the coupon interest notes, were transferred to the Pan-American Life Insurance Company. The land was sold to appellee W. C. Conner, who assumed payment of said notes. In June, 1928, this suit was instituted by appellant against W. C.…