Hayden v. Lowe

HALL, Justice.

In 1939, appellees, Myrtle Weaver Lowe, a widow, and Lula Weaver, a feme sole, inherited approximately 300 acres of land situated in Young County, Texas, out of the T. P. & L. Co. Survey, Cert. No. 200, Abstract No. 557, at which time same was encumbered with a first lien in the sum of $4,000 to Southwestern Life Insurance Company, and with a second lien in the approximate sum of $2,300 in favor of appellant, Mrs. Ida L. Reeves, a widow.

Appellees, in the year 1940, applied to the Federal Land Bank and Land Bank Commissioner for a loan to consume the above indebtednesses. The…