Snyder v. Summers

On the 7th of September, 1861, the complainant, James S. Snyder, bought .from the Union Bank, at the price of $25,000, certain lots in the city of Chattanooga, on ■which were situated a mill and distillery, and known as the Bell property. He paid ($5,000) five thousand dollars down, and executed notes, at four and five years, with interest from date, for the residue of the purchase money. The bank conveyed to him the land by deed in fee, retaining a lien for the unpaid purchase money. Snyder sold an undivided one-fourth interest in this property to William Snyder, an undivided eighth to…