Clark v. Carlton

On the 10th of November, 1874, the complainant, by his attorney in fact, and the defendant entered into ' an agreement in writing, by which the complainant agreed to sell and the defendant to buy a tract of land described, at the price of $6,500, for which the defendant was to execute his notes in equal installments, falling due on the 1st of January, 1876, and the same day of each succeeding year to 1881, inclusive, the first note to bear interest at the rate of ten per cent, per an-num from date. The defendant further agreed to give a deed of trust on land to secure the payment of the two…