THOMPSON, Circuit Judge.
This is an appeal by the plaintiff from a judgment of the District Court sustaining a statutory demurrer to the plaintiff's statement of claim.
The Tamiami Investment Company, plaintiff herein, conveyed a tract of land in Florida to the Clayton C. Townes Company. The Townes Company executed and delivered to the plaintiff a number of promissory notes aggregating $116,852.99, and, as collateral security therefor, delivered to the vendor...
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