Price v. Bevers

91 S.W.2d 797, 1936 Tex. App. LEXIS 89
Court of Appeals of Texas·Decided March 5, 1936·No. No. 2904.·Published·Cited by 4 cases

Opinion

WALKER, Chief Justice.

By their warranty deed dated June 11, 1925, O. C. Bevers and his wife conveyed to J. M. Powell four tracts of land numbered 1, 2, 3, and 4 on the Wm. Patterson survey in Montgomery county, containing 337⅛ acres of land. The recited consideration was $2,500, paid as follows: $457.10 in cash, the' assumption by the grantee of certain notes due by the grantor to Mrs. W. T. Price, totaling $1,572.15, and the execution by the grantee to the grantor of an additional note for $470.75, due eight years, after date, with interest at 6 per cent, per annum and the usual 10 per cent, attorney’s fees; as an additional consideration the grantee assumed a note against the land due by the grantor to the Federal Land Bank of Houston. It was expressly recited in the deed that a vendor’s lien was retained against the land to secure the payment of all these “notes and all interest thereon.” The Price notes, assumed by the grantee, were vendor’s lien notes due by the grantor to Mrs. Price, as part of the consideration for a tract of land on a different survey, and no part of the land conveyed by Bevers to Powell. Powell defaulted in his obligation, whereupon Mrs. Price instituted suit against him for a personal judgment and to foreclose the vendor’s lien retained in her favor in the deed from Bevers to Powell; Bevers joined Mrs. Price as a party plaintiff in that suit and was represented by the same attorney. On the 30th' day of November, 1929, Mrs. Price was awarded judgment in that case as follows:

“It is, therefore, ordered, adjudged and decreed that plaintiff Mrs. W. T. Price do have and recover of . and from the defendant J. M. Powell sixteen hundred ninety-eight and 81/100 dollars and 8 per cent interest thereon from and after this date, and the further sum of one hundred sixty-nine and 88/100 dollars attorneys fees, with interest thereon from this date at the rate of 6 per cent per annum, and all costs in this behalf expended, for all of which let execution issue.
“And it further appearing that plaintiff O. C. Bevers and wife Sibyl Bevers have and are entitled to a vendor’s lien on the tracts, pieces or parcels of land hereinafter described, which said lien arose from, and was created by, the deed described in plaintiffs’ pleading, wherein and whereby the said O. C. Bevers and wife conveyed *798 to defendant on June 11th, 1925, said tracts of land, and it further appearing that said parties hold said lien for the use and benefit of the plaintiff Mrs. W. T. Price, to the extent of the judgment herein awarded her against the defendant J. M. Powell, and it further appearing that the plaintiffs O. C. Bevers has a vendor’s lien against said lands to secure the payment of the note for $470.75 as shown in the deed hereinabove referred to, which indebtedness has not yet matured, and it further appearing that the Federal Land Bank of, Houston holds a prior lien against said first, second and fourth tracts of said described lands', given by said O. C. Bevers and wife, and it further appearing from plaintiffs’ pleading that plaintiffs seek foreclosure subject to said liens in favor of. the Federal Land Bank and O. C. Bevers.
“Now, therefore, it is further ordered, adjudged and decreed that said vendor’s lien as the same existed on the 11th day of June, 1925, against the lands hereinafter in this paragraph described be, and the same is, hereinby in all things foreclosed, this judgment of foreclosure running against the defendant J. M. Powell. The lands referred to and as to which foreclosure is hereby ordered are the following tracts, pieces or parcels of land situated in the William Patterson League Survey in Montgomery County, Texas, fully described by metes and bounds as follows, towit:
“ * * * And that the clerk of this court do issue an order of sale directed to the sheriff or any constable of Montgomery County commanding him to seize and sell the above described tracts of land as under execution, said sale to be made subject to the outstanding prior lien held by the Federal Land Bank of Houston as to first, second and fourth tracts herein described, and subject to said lien held by plaintiff O. C. Bevers as to all of said land to secure said note for $470.75 and interest thereon, and that after such sale he shall apply the proceeds thereof to the payment and satisfaction of said sum of money recovered herein by the plaintiff Mrs. W. T. Price against defendant, together with all interest that may be due thereon and all costs of this suit. And if the said lands shall sell for more than sufficient to pay off and satisfy said sum of money, then the said officer is hereby directed to pay over the excess to the defendant ; but if the said lands shall not sell for enough to pay off and satisfy this judgment, then said officer shall make the balance due as under execution; and it is further ordered that the said officer shall place the purchaser of said property in possession thereof within thirty days after the date of sale, and said order of sale, when issued, shall have all the force and effect of a writ of possession.”

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Price v. Bevers, 91 S.W.2d 797, 1936 Tex. App. LEXIS 89 (Tex. Ct. App. 1936).

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