Brooks v. Causey

This case was tried under the following agreed statement of facts, as shown by the bill of exceptions:

“(a) J. M. Brooks conveyed the land on which the cotton levied on was grown to G. S. Algood by warranty deed, consenting that Algood might convey the property to the Federal Land Bank of Columbia, S. C., to secure a loan of $2,000 on July 29, 1922, with the further agreement that, for the balance of the purchase-money. due Brooks for the land from Algood, . •. Algood would *235execute to Brooks a deed to said land, subject to the rights of said Federal Land Bank of Columbia. (6) Brooks' executed…