Phillips v. Arnett

Opinion op the Court by

Judge Settle

Affirming.

By deed of date December 29, 1891, the appellant, Lewis Phillips, sold to Parish Arnett two hundred acres of land lying on Pricey Creek, in Magoffin County, at the price of $610.00. The deed acknowledged the payment of $300.00 of this amount and states that for the remainder of the consideration two notes were executed by Arnett, both of date December 29, 1891, the first for $100.00, payable four months after date, and the other for $210.00, payable one year after date. The payment of these notes was secured by a vendor’s lien on the land,…