Reid v. Allen

— In the year 1906 J. W. Reid sold to S. J. Toney a tract of land containing about 65 acres. *583The purchase price was to he paid in three installments of $200 each, payable annually. Eeid executed to Toney bond for title, conditioned to make conveyance upon Toney’s payment of the purchase price of the land. 'After two installments had been paid, Toney, for a valuable consideration, transferred, in writing but informally, the bond for title to H. O. Allen. In this transfer the wife of Toney did not join. Toney was at the time occupying, with his wife, the land as a homestead. Allen later paid to…