Carl v. Craft

258 So.2d 237 (1972)

Dan CARL and L. Lamar Beacham

v.

Aubrey D. CRAFT and Billy S. Craft.

No. 46531.

Supreme Court of Mississippi.

February 15, 1972.

Creekmore & Beacham, Jackson, for appellants.

Waller & Fox, Jackson, for appellees.

GILLESPIE, Chief Justice:

On August 21, 1969, Aubrey D. Craft and Billy S. Craft (Craft) executed a deed of trust to L. Lamar Beacham (trustee) for Dan Carl securing a $15,000 note which evidenced the balance of the purchase price of real property. The note was payable in annual installments of $2,000 plus interest. The trustee claimed breach of contract not to commit…