Rippy v. Harlow

102 S.W. 174, 46 Tex. Civ. App. 52, 1907 Tex. App. LEXIS 14
Court of Appeals of Texas·Decided April 6, 1907·Published·Cited by 14 cases

Opinion

TALBOT, Associate Justice.

“The defendants, J. M. Eippy, and Ella Eash, the father and mother *54 of the plaintiffs, were married in Hunt County, Texas, in the year 1876, and that Mrs. Ella Rippy died in Hopkins County, Texas, on the sixth day of June, A. D. 1889, leaving surviving her the defendant, J. M. Rippy and the plaintiffs herein, and1 a son, Edgar Rippy, who died in the year 1900, unmarried, leaving his father J. M. Rippy and the plaintiffs herein as his sole surviving heirs. No administration was had on the estate of the said Mrs. Ella Rippy. By general warranty deed, dated the twenty-ninth day of October, 1888, J. F. Stewart and wife conveyed the premises in-controversy to the def endant, J. M. Rippy. The consideration recited in said deed was six hundred and eleven dollars ($611) paid and one note for $152 due November I, 1889; one note for $143 due November 1, 1890; one note for $100 due November 1, 1890, and one note for $244 due November 1, 1891, each of said notes drawing ten per cent interest, and the said deed reserved an express lien to secure the payment thereof. The said defendant, J. M. Rippy, never paid either of said notes or any part thereof save and except payments credited on the said $Í52 note as follows:—$20 November 5, 1889; $70 November 22, 1889; $15 February 27, 1892. The said J. F. Stewart transferred said notes and the following parties became the holders thereof: viz:—T. H. King, Jno. W. Randall, R. W. Harris and W. T. A. Kennedy. On the 23d day of May, 1892, the holders of said notes brought suit thereon in the District Court of Hunt County, in cause No. 3199 against the said defendant, J. M. Rippy, and to foreclose the lien on the premises described in the plaintiff’s petition, retained -in the said deed from said J. F. Stewart and wife to the defendant J. M. Rippy, and on the 27th day of June, 1892, judgment by default was rendered against J. M. Rippy in favor of the said plaintiffs in the following amounts: viz: T. H. King, $195; J. W. Randall, $122.11; R. W. Harris, $136.50; W. T. A. Kennedy, $83.10, and cost of suit and foreclosing the said lien and directed that the said premises be sold in satisfaction of the judgment. On October 18> 1892, the said defendant J. M. Rippy executed and delivered to the New England Loan and Trust Company, the following instruments: (1) First Mortgage Bond for $550 to become due November 1, 1897, payable at the office of the said company in Des Moines, Iowa, and bearing interest at the rate of six per cent, per annum, payable semi-annually at the office of the said company according to the terms of interest coupons attached to the said bond. Said instrument further provides that if any interest should not be paid within twenty days after due, the whole of said indebtedness, should at the option of the holder thereof, without notice, become due ■at once and bear interest at the rate of ten per cent, per annum from the date of said default, and in case of suit for collection of the principal and interest that the said Rippy would pay a reasonable attorney’s fee. (2) One note for $110.86, payable in ten installments, said installments maturing on the first day of May and on the first day of November. (3) Deed in trust with power of sale on the premises described in plaintiff’s petition, to secure said $550 first mortgage bond. Said deed of trust reciting that the note secured thereby was for the purchase money of the land described, the same being a lien thereon, and that said note was a renewal of a certain judgment for *55 $536 in cause No. 3199 in the District Court of Hunt County, which judgment was a foreclosure of certain notes executed by J. M. Rippy to J. F. Stewart, in part payment of the purchase money for the land described, and that the New England Loan and Trust Company was subrogated to all the rights and equities of the original holders and owners of said judgment. (4) Second deed in trust on the same premises to secure the said installment note. By an instrument dated the 5th day of November, 1892, the plaintiffs in said judgment, to-wit: T. H. King and others, transferred the said judgment to the New England Loan and Trust Company.”

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Rippy v. Harlow, 102 S.W. 174, 46 Tex. Civ. App. 52, 1907 Tex. App. LEXIS 14 (Tex. Ct. App. 1907).

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