Jones v. McElroy

The action was by Mrs. S. E. McElroy against her brother J. M. Jones, and his mother-in-law Mrs. K. P. Larey, for cancellation and other relief. The case made in the amended petition may be thus briefly stated: C. M. Jones, the father of the plaintiff and J. M. Jones, was the owner of a tract of land incumbered by a deed to secure a debt of $1,000. On January 7, 1895, ho transferred the bond to reconvey, executed by the lender, to the plaintiff and her brother J. M. Jones, upon an. expressed consideration of $3,000. After maturity of the loan the brother represented to the sister that he…