Foster v. Carnes

O’NIELL, Chief Justice.

On the 4th of January, 1928, Claude E. Foster sold to C. E. Carnes two tracts of land, one having an area of 320 acres and the other an area of 80 acres. Foster resided on the larger tract, and cultivated both tracts as rice farms. The price stipulated in the deed was $750, which Carnes paid in cash, plus $6,597.50 which Foster owed to the Federal Land Bank, and which was secured by a mortgage on the lands, and the payment of which Carnes assumed, and plus the taxes for 1927, amounting to $247.26, the payment of which also Carnes assumed. The total price, therefore, was…