Federal Intermediate Credit Bank v. Sherrod

To certain mules levied upon in tlie foreclosure of a bill of sale to secure debt, a claim was filed. The bill of sala included also other livestock and personalty, and contained a covenant and warranty of title which stipulated that the property was “free and clear of all rights and encumbrances.” Immediately following the note and bill of sale, signed by the debtor alone, appeared the following waiver, which the evidence showed, without dispute, was signed by the claimant, the mother of the maker of the bill of sale: “Waiver of landlord’s liens. In consideration of money represented by the…