(DOWNLOAD) "Bynum Et Al. v. Peoples State Bank Turkey" by Amarillo Court of Civil Appeals of Texas " Book PDF Kindle ePub Free

eBook details

Title: Bynum Et Al. v. Peoples State Bank Turkey
Author : Amarillo Court of Civil Appeals of Texas
Release Date : January 24, 1951
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 61 KB

Description

Appellee, Peoples State Bank of Turkey, Texas, in making a loan of $8,125 to Glea Moseley to buy farming equipment and to finance farming operations, required as a condition to making the loan that appellants, T. A. Bynum and A. D. Moseley, execute the promissory note with Glea Moseley to secure the debt. Glea Moseley also executed a chattel mortgage to secure the note. This mortgage provided among other stipulations, "the payment of all other indebtedness by the maker hereof subsequently accruing, or not definitely and particularly named herein, shall be postponed and subordinated to the payment of the note above named."