Texas Supreme Court May 5, 1920, No. 2834. (General Bonding & Casualty Insurance v. Moseley)

Mr. Chief Justice PHILLIPS

delivered the opinion of the court.

The suit was one for the cancellation of a note and deed of trust upon land to secure its payment, given by the plaintiffs for shares of stock in the defendant corporation, upon the ground of fraua in the procurement of the plaintiff’s subscription agreement, and because, as is claimed, the note and mortgage were not “property”

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