Dillard v. Clutter

STOKES, Justice.

On November 1, 1938, appellee, B. C. Clutter, sold to the appellants, Tillman R. Dillard, Weldon B. Dillard, and J. J. Dillard, 69 head of dairy cattle, together with a mechanical milker, Frigidaire equipment, bottles, motortruck, and a large number of other articles constituting his complete dairy equipment. As part of the consideration appellants executed three notes, one in the sum of $6,930, one in the sum of' $300, and the third note in the sum of $1,390.04. The $300 note was payable January 1, 1939, and the other two notes wer-e payable in monthly installments. To secure…