1. The note of Mrs. Bailey, which is the foundation of the present suit, was given and made payable-to Paullin. The consideration of the note was part purchase of a lot in Eufaula. The complainant’s right to maintain a suit rests, fundamentally, on Paullin’s ownership, and right to sell and convey the lot. The title under which. *261defendants defend, is the deed made by Paullin to Mrs. Vessels, in consummation of his contract of sale to Mrs. Bailey. So, all parties trace their title and claim to a common origin. It follows from this that, in this controversy each party is estopped from denying PaulliAs right to sell and convey.—Pollard v. Cooke, 19 Ala. 188; Brook v. Young, 5 Ala. 584.
2. The first fact necessary to be shown by complainant to entitle himself to a recovery, is that he was and is the ■ owner of the note declared on. Primarily the note was the property of Paullin. Is it shown that it was traded or transferred to ’Wilkinson? Paullin and Wilkinson were not brought together, and hence they had no personal dealings in regard to it. Wilkinson acquired the note from Fields. Fields received it from Paullin, with the authority, and only the authority to collect it. He had no authority to trade, or transfer it; and according to his testimony, he neither traded or transferred it, intentionally or knowingly. He received the money from Wilkinson, in the presence of Mrs. Bailey; having been sent for by her, that he might receive it. Not a word said about selling or transferring the note. With Fields, it was treated as a collection, and was a collection. It was so reported and accounted for by him to Paullin, his principal, and was so regarded by him. There is neither fact nor circumstance, tending to show that Paullin knew Wilkinson had any agency in the payment, or acquired thereby any right or claim to the note. Leaving out of view the testimony of Mrs. Bailey and Wilkinson, we are without proof that this was any thing more than a collection by Paullin through Fields, his agent. The making of the deed by him afterwards to Mrs. Vessels, when the balance of the purchase money was paid, is confirmatory of the other facts that this was considered and treated by Paullin as a payment of the debt. The only testimony offered against this view, is that of Wilkinson and Mrs. Bailey. The construction of this testimony most favorable to Wilkinson is, that he made the payment at the request of Mrs. Bailey, and agreed to hold the note for her accommodation, with a belief and ..agreement on their part that the lien on the lot for its payment should continue for his benefit. No written transfer • of the note to Wilkinson was given or asked for. This must be treated simply as a contract between Wilkinson and Mrs. Bailey. If he acquired any lien on the land, he ac- ■ quired it by virtue of his agreement with her. A lien on .land can not be created by mere oral agreement. Only *262Paullin, or his agent thereunto authorized, could transfer" the vendor’s lien; and neither of them did it, or had any notice it was desired. The agent had no authority to make any such transfer; and without authority, he could not do so. A contract is the concurring assent of two competent minds, to do or abstain from doing some specified lawful act, for a consideration deemed valuable in the law. If the two minds do not mutually understand each other,-and agree to the same precise thing, there is no contract.—Sanford v. Howard, 29 Ala. 684. If Wilkinson had purchased the note from Paullin, or from his agent authorized to sell it, and had received the transfer, propei’ly made, the vendor’s lien would have accompanied the note. He has failed to show such case, and his bill must fail.
3. In the case of Hightower v. Rigsby, 56 Ala. 126, we-held that when a sale and conveyance of lands are made,, a transfer of the purchase money note by mere delivery and without endorsement, does not carry with it the vendor’s lien. To the same effect is Hall v. Click, 5 Ala. 363. Whether the same rule will apply, when no deed is made,. as was the case when Wilkinson claims that his rights accrued, we need not now decide.
Nor need we inquire in this case whether Mrs. Vessels is shown to be a bona fide purchaser, so as to protect her and those holding under her against the equity claimed by the bill; or, whether there is, in this record, sufficient evidence to charge her with notice.—See Hightower v. Rigsby, supra; Wells v. Morrow, 38 Ala. 125.
The decree of the chancellor is reversed, and a decree here rendered dismissing complainant’s bill.