Martin v. Cage

TIREY, Justice.

On February 3, 1930, W. T. Cage and wife conveyed to Cage’s brother, T. C. Cage, a tract of land in Nueces county, for a recited consideration of ten dollars cash and the assumption and agreement to pay a valid loan against the land in the sum of $12,000. About the same date W. T. Cage and M. E. Ruby, contractors operating under the name of Cage & Ruby, made a bill of sale of various road building equipment to T. C. Cage for a recited consideration of $8,600. Thereafter during the same year Wm. H. Martin filed suit and recovered judgment against Cage & Ruby for approximately…