Bond v. O'Donnell

— Full recital of the facts alone can reveal the pivotal points involved. Historically, the events are :

Appellee Emelous Bond in 1919 owned 243 aeres of land in Buchanan County, and during that year sold the same to Messrs. Fouts and McGill, bankers, of Independence. The consideration named was $40,000, of which $1,000 was paid at the time, and the balance accrued as follows: $9,000 March 1, 1920, at which date the deed, duly executed by appellee, was to be delivered to Fouts and McGill, in return for their note of $30,000, payable to appellee on a future day, and secured by a real estate…