Markland v. Merchants' & Farmers' Bank

Appellee instituted this suit in the Second Division of the Union County Chancery Court against F. M. Cates and one of the appellants, William Markland, to foreclose an alleged vendor’s lien for $256.25, with 10 per cent, per annum from April 15,1920, against a house standing on lot 4, block 2, Bast Junction City, Arkansas, and for rents in the sum of $150 for the use of same. The suit was based upon the following note and the indorsement of same before maturity to appellee by the payee therein: •

“$256.25 Junction City, Ark. Jan. 15,1920.

“Ninety (90) days after date, we, or either of us,…