Agricultural Bond & Credit Co. v. Alderson

JACKSON, Justice.

The appellant instituted this suit in the county court at law of Potter county to recover a balance of $804.28 evidenced by two conditional sales contracts given, for certain machinery, by appellee and transferred and assigned to appellant for a valuable consideration in due course of trade.

The appellant alleged that appellee was a resident of Hale county and the sum sued for was secured by a valid mortgage lien on one Gleamer-Baldwin combine and one deep-furrow drill with tractor hitch and press wheels; that the mortgage provided that in the event appellee failed to pay said…