Farmers' Bank & Trust Co. v. Dent

Opinion op the Court by

Judge Clay

-Affirming.

On January 30, 1920, J. L. Gray sold and conveyed to W. Y. Dent a three hundred and twenty acre farm situated in Breckinridge county. As part payment therefor Dent executed and delivered to Gray three promissory notes, one for $2,000.00, payable on or before January 30,1921, another for $5,900.00, payable on or before January 30,1922, and a third for $5,900.00, payable on or before January 30, 1923. On the day of the sale Gray endorsed and discounted the notes at the Farmers’ Bank & Trust Company.

The deed and each of the notes contained a provis-'…