McLeod v. Bank of Abbeville

Mrs. McLeod sold land to Atkinson, executing a bond for title, and receiving several purchase-money notes. Subsequently Mrs. McLeod transferred to a bank, “without recourse,” all of the notes save one. Thereafter the bank filed a petition against Mrs. McLeod and Atkinson and his wife, alleging maturity and default in the payment of the notes; that Atkinson, though holding a bond for title only, had conveyed the property by deed to his wife; that he had failed to pay to Mrs. McLeod the note retained by her, then past due; that Mrs. Atkinson and Mrs. McLeod had entered into an agreement by…