Drew v. Anderson, Clayton & Co.

Opinion by

ESTES, C.

In 1920 Drew sold Williams 200 acres for $10,000. Williams paid $3,000 cash and ihe proceeds or a first and second mortgage to the Maxwell Investment Company for a certain sum. and executed his note for $2,000, secured by a third mortgage cn the land in favor of Dr&w for the balance. Williams also executed to one P. C. Stacy bis negotiable promissory notes for $1,000 each, and secured same by fourth mortgage on the identical land. By mesne assignments, the two Stacy notes came into the hands of defendant in error Anderson, Clayton & Company, as bona fide holder for value…