Majors v. Strickland

Appellee W. B. Strickland owned a lot in the city of Dallas against which there'were two liens, one for $2,000 and the other for $2,500. He desired to erect an apartment house thereon, and, for the purpose of raising sufficient funds with which to pay therefor, he executed a $25,000 mechanic’s lien note to his brother. He thereafter entered into a contract with appellants who were contractors, to erect said apartment house at a cost of $13,500, and had his brother transfer the $25,000 mechanic’s lien note to them as security. Appellee Strickland was not able to secure a sufficient loan before…