Larue v. Barbee

Opinion op ti-ie Court by

William Rogers Clay, Commissioner

Reversing.

Iil the month of March, 1916, J. Will Barbee sold and conveyed to John F. Larne a small tract of land in Simpson county. The consideration was the assumption of a mortgage lien for $1,000.00, a note for $100.00 cine Jnly 1, 1916, and the assignment “without recourse” of two *356notes for $300.00 each, executed by Briggs & Wynne to J. Gr. Weill, and assigned by Weill to Larue, and secured by a bond for $1,000.00 issued by the Park Theatre Company, which bond was secured by a second mortgage lien on the property of that company,…