Schuster v. La Londe
Texas Supreme Court
J. B. La Londe and wife, owners of property in the town of Denison on the 3d day of April, 1878, on that day made a deed absolute on its face to that property to Tobias Porter, intended as a security for the estimated amount of their indebtedness to him for goods, etc., to be received.
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J. B. La Londe and wife, owners of property in the town of Denison on the 3d day of April, 1878, on that day made a deed absolute on its face to that property to Tobias Porter, intended as a security for the estimated amount of their indebtedness to him for goods, etc., to be received. The deed was recorded on the 27th of September, 1878. On the 16th day of May, 1878, Porter executed a bond for $4,000, payable to La Londe, conditioned to convey to him the property in the above deed mentioned. That bond was recorded on the 21st day of May, 1878... On the 26th day of June, 1879, Schuster & Oo.…
1Opinion of the Court
Gould, Chief Justice.
At the time Schuster’s rights attached to the premises for which he sued, the record showed the legal title to be in Porter, the defendant in execution, but it also showed that Porter had resold said premises to La Londe, and had, by title bond, obligated himself to reconvey to'La Londe on the payment of §4,000, to be paid on or before May 16, 1879, a time then passed. By the registration of this title bond, Schuster, when he purchased at the execution sale, had constructive notice of what appeared on the face of the bond, and that if La Londe had paid the §4,000, or had…
2Cited by11 opinions
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- Rhoades v. El Paso & S. W. Ry. Co.Texas Commission of Appeals · 1923
- Squyres v. StateCourt of Criminal Appeals of Texas · 1922
- El Paso Electric Co. v. WhitenackCourt of Appeals of Texas · 1927
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