Ledbetter v. Moffett
Court of Appeals of Texas
1Opinion of the Court
JACKSON, Justice.
On February 27, 1931, W. L. Ledbetter and wife, Emma, for a loan of $3,233.80, executed and delivered their promissory note to “The Bank of Chillicothe, Chilli-cothe, Texas (Unincorporated),” payable on October 1st thereafter. On the same day they executed their deed of trust covering certain land therein described to S. H. Crossley, trustee, to secure the payment of their said note to “The Bank of Chilli-cothe (Unincorporated) of Chillicothe, Texas.”
The Ledbetters defaulted in payment, and on September 17, 1935, a suit was filed in the district court of Hardeman County on a…
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