Broach v. John Hancock Mut. Life Ins. Co.

GRláSOM, Justice.

In 1929 John B. Broach and wife owned the land in controversy in this suit. They executed a deed to said property to Fred Broach. The deed recited a consideration of $7,690 cash and a vendor’s lien note for $5,000. Thereafter Fred Broach borrowed $5,000 from the John Hancock Mutual Life Insurance Company and executed a note for such sum. John B. Broach and wife assigned to the Hancock Company the $5,000 vendor’s lien note executed by Fred Broach and the vendor’s lien. Fred Broach executed a deed of trust conveying the property in question, to-wit, 169.2 acres of land in…