Reed v. Shirley

Opinion of the Court by

Commissioner Sandidge

Eeversing.

On October 30,1919, appellant, W. B. Eeed, conveyed to appellee, J. M. Shirley, a tract of land located in Mer cer county, Kentucky, containing 63 acres. For the purchase price appellee executed and delivered to appellant three purchase money lien notes for $1,377.87 each, due January 1, 1920, 1922, and 1923, respectively. Appellee, G. W. Shirley, and one James Woods, became sureties on the first of the notes by signing it. When the note fell due the payors were unable to raise the money to settle it, and arranged with appellee, D. N. Rue,…