Federal Land Bank v. Cox

The appellant, the Federal Land Bank, prior to December, 1930, had foreclosed a deed of trust on certain lands described in the bill here, and thereafter made a contract with Thomas C. Cox, one of the appellees, on the 23rd day of December, 1930, to sell and convey the lands described to him, on terms and conditions stated in the contract. In this contract Thomas C. Cox had contracted to pay taxes for 1931, and all subsequent taxes upon this property; and also to make certain payments set forth in the contract. The appellee, Thomas 0. Cox,' failed to pay the taxes for 1931, and permitted the…