Mr. Hubert. He was in both?
Mr. Paul. Yes; he was in both.
Mr. Hubert. So, you got him to give you a note to show the $3,700?
Mr. Paul. But when he sold it, I think he sold it for $2,200, or $2,700, but he had to pay so many people that he gave me a thousand.
Mr. Hubert. In other words, when he sold the Silver Spur——
Mr. Paul. I had to give him the note—he couldn’t sell it without the note.
Mr. Hubert. Was the note secured in any way?
Mr. Paul. No; it was registered.
Mr. Hubert. A registered note, which made it a lien against the Silver Spur?
Mr. Paul. That’s right.