Court of Appeals of Texas May 7, 1930, No. 7450. (Central Texas Ice Co. v. Thomas)

BAUGH, J.

On December 3, 1926, J. B. Thomas, who owned an ice plant in Brownwood, Tex., contracted in writing to sell same to L. F. Troxel for $90,000, payable $15,000 cash, the assumption by Troxel of Thomas’ indebtedness to the Temple Trust Company, aggregating about $14,000, and that to the Baker lee Machinery Company, aggregating about $13,000',; both of which were secured by liens on said