Hatcher v. Taylor's Administratrix

Opinion of the Court by

Chief Justice Clay—

Affirming.

John W. Taylor and Nancy Y. Taylor had three children, Martha Conn, Mary Ann Taylor, and Elizabeth Hatcher, wife of Dave Hatcher. On July 21, 1923, John W. Taylor and Nancy Y, his wife, conveyed their home farm in Floyd county to Elizabeth Hatcher. The consideration was $1,000 cash and two $500 notes, payable in 12 and 24 months from date, and a lien was retained in the deed to secure their payment. The deed contains the following provisions:

“It is hereby, expressly understood and agreed that the parties of the first part are to have…