Denham v. Lack

On November 4, 1925, appellants, Jesse and Eula Denham, husband and wife, executed their promissory note for $500, due and payable October 1, 1926, with interest at 10 per cent, from date, to D. W. Boyd, which was secured by mortgage on certain real property in St. Francis, Arkansas. Some payments were made on said note, the last being on February 6, 1932, as found by the court. Boyd assigned said note and mortgage to appellee, A. D. Lack, and lie in turn assigned same to appellee, B. F. Lack. At the collector’s sale in June, 1929, said property was sold for the taxes of 1928 to A. D. Lack…