Wolf v. Wolf

On January 2, 1918, John Wolf, Sr., conveyed to John Wolf, Jr., 3,280 acres of land in Zavalla county, Tex., for an agreed consideration of $12,000; $200 cash, note No. 1 for $1,800, due 5 years after date, and notes 2, 3, 4, and 5 for $2,500 each, due 12, 13, 14, and 15 years after date, payable to John Wolf, Sr. Some time in 1921 John Wolf, Sr., made a partition of his property amongst his seven other children, assigning to them, amongst other things, these notes, subject, however, to a lien upon them, held by the Austin National Bank, and retaining for himself the interest on them during…