Brooks v. Brumfield

On March 26, 1912, an agreement in writing was entered into and signed by the parties, as follows:

*362“This agreement entered into this 26th day of March, 1912, between J. D. Brooks party of the first part sells and transfers sixteen thousand one dollar shares to party of the second part at the value of twenty cents per share, total amount $3,200, the same to be paid by second party as he receives benefit from said mines and said indebtedness to run and continue to run as long as said party of the second part shall live and without interest, except the incomes of the said mines be in benefit to…