Thompson v. Willson

This action was originally brought to recover the sum of $323,479.27 on four notes. It is now conceded, however, that all but $100,000 (the last note), with interest thereon from December 6,1938, is barred by the Statute of Limitations.

Six notes in all were given in part payment for the purchase price of real property and secured by a mortgage on the prop*950erty. The defendant, maker of the notes and purchaser of the property, on July 25, 1929, conveyed the real property to a corporation which, by agreement with him not revealed in the conveyance and apparently not otherwise made known to the…