Harrell v. First National Bank

J. E., W. L., and J. W. Harrell were the owners of certain personal property, and executed a mortgage thereon to the First National Bank of Eastman, in order to secure promissory notes. Subsequently the property was sold by its owners to Cooper and Hardy, who by the terms of the sale agreed to assume liability for the debt due to the bank and secured by the mortgage; it being further ■ agreed that the title was to remain in the vendors until payment of- the purchase-money. Cooper and Hardy executed their notes to the bank for the debt covered by the Harrell notes, the latter being…