Billingsley v. West
Billingsley v. West
Opinion of the Court
C. T. Moon, N. W. West, and L. O. Johnston executed and delivered to the Snyder National Bank their promissory note in the sum of $150, dated September 9, 1915. West and Johnston were sureties, but the note upon its face does not disclose such relationship. To secure its payment Moon executed a deed in trust upon a horse to O. P. Thrane, trustee, for the use of the bank, dated September 6, 1915, filed for record in the office of the county clerk on September 9,1915. About December 13,1915, Moon sold and delivered the horse to J. J. Billingsley for a valuable consideration, who acquired same without actual notice of the bank’si lien. Moon defaulted in the payment of the note, and in January, 1916, the same was paid by West and Johnston, to whom the same was transferred and delivered by the bank. Thereafter, at the request of West and Johnston, the trustee foreclosed under the deed in trust and sold the horse to West and Johnston, who thereupon filed this suit against Billingsley to recover the animal. Judgment was rendered in their favor, from which Billingsley appeals.
The deed of trust was properly admitted in evidence without the necessity of proving its execution under the provisions of article 3710, R. S.
What has been said necessarily disposes of all propositions presented under the various assignments.
Affirmed.
Reference
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- BILLINGSLEY v. WEST Et Al.
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