First State Bank of Boone's Path, Inc. v. Kincaid

On October 27, 1922, Marion T. Ely, in consideration of twenty-six hundred dollars, evidenced by two negotiable notes of even date with the deed, one payable six months after date for fourteen hundred dollars, and the other payable twelve months after date for twelve hundred dollars, with interest on each note from date till paid, conveyed to Mable M. Ely a certain parcel of land in Lee county, Virginia, known as the Bachus tract, containing fifty acres, more or less. The grantor gave the grantee the right to renew the notes, and expressly reserved on the face of the deed a vendor’s lien upon…