Donaldson v. Jaguar Land Co.

MADDOX, Justice.

This quiet title action was tried before a judge without a jury. The central legal issue is whether an instrument by a grant- or was a deed or a mortgage. The trial judge determined that the instrument was a mortgage, and quieted title in the appel-lee, Jaguar Land Company. We affirm.

FACTS

The facts, except those surrounding the dispute about the nature of the instrument, are essentially undisputed, but the parties seriously dispute whether the instrument signed by the grantor was a deed transferring title to the grantee or merely a mort*620gage executed to secure the payment of a…