Huddleston v. Fuller

FOSTER, Justice.

The bill in this suit was filed in equity to enforce a vendor’s lien. Complainant was the vendor, and took notes for deferred purchase-money payments. The notes were assigned to Farmers’ & Merchants’ Bank of I/ineville as collateral security for a debt.Such transfer passed the lien and the right to enforce it. Section 9236, Code.

The evidence shows that the debt to the bank was due and still unpaid, and that the bank president returned to complainant the notes with authority to collect them for the bank. The proceeds of the collection are to be under the arrangement paid to the…