Jackson v. Thompson

J. M. Jackson owned 2,702 acres of land in Bailey county, together with about 232 cattle located on said land. There was an indebtedness of approximately $20,000 against the land, and $3,750 against the cattle. Mrs. Lucy J. Webb of Palo Pinto county owned what was known as the Fairfield Inn and a vacant lot adjacent thereto in Mineral Wells, together with the hotel furniture situated in the building. There was an indebtedness against this property of $12,500. On the 16th day of February, 1933, Jackson and Mrs. Webb (who was represented by her husband, Sidney Webb) entered into a contract…