Abilene Christian College v. Wright

This suit -was brought by the appellee, Wright, as receiver of the United Home .Builders of America, hereinafter called the Home Builders, against the Abilene Christian College, to recover upon the latter’s notes covering three different loans made to appellant and to foreclose deeds of trust upon lands given to secure the payment of the notes.

No point is here presented respecting the judgment rendered upon two of the loans. Therefore they will not be further noticed. The controversy arises over loan No. 91, which was evidenced by eight notes for the aggregate sum of $39,100, payable to the…