Knox v. Brown

On January 21, 1920, the defendant in error, J. B. Knox, being the owner of approximately 7,000 acres of land located partly in Taylor and Nolan counties, made a contract with John E. Sylvanus, who was the owner of certain cattle, by the terms of which Sylvanus was to acquire one-half of the land'(except only one-fourth of the minerals was to be acquired by Sylvanus), and Knox was to acquire one-half interest in the cattle at certain specified prices, the interest in the land being valued at $50,000, and a cattle ranch was to be established, the expenses to be borne equally, among which was…