McClenathan v. Davis

This is an action of assumpsit brought by appellee, as endorsee, against appellant, Emmons Davis, as maker, and Elizabeth Gamble, as endorser and guarantor, of the following written instrument:

“For value received I promise to pay Elizabeth Gamble, or order, the sum of fifteen hundred dollars in twelve months after I shall become the legal owner of one hundred and fifteen acres of land conveyed to me by my father, H. V. Davis, reserving to him, H. V. Davis, a life estate in said land, by which at his death I am to become possessed of and the owner in fee of said one hundred and fifteen acres,…