Yates v. Council

The appellees Charles T. Council and L. T. Wade, trustee, brought suit in'the chancery court of Washington county against O. F. Townsend, John TI. Boyden, trustee, J. W. Tates, and T. E. Tates.

The bill alleges a sale by Council to Townsend, with Boyden, trustee, of certain lands, for which, for the payment of a balance of the consideration, five notes and a deed of trust were executed on the land to secure the payment of the notes. The lands are described in the bill. These notes are held by the Commercial Bank of Greenville and the Citizens’ Bank of Greenville as collateral security to a…