The deed appears on its face to have been made on a valuable consideration, as it recites as a part of the consideration the agreement on the part of the plaintiff to purchase all the pulp and acid wood the defendant would deliver within 15 feet of the flume, at $3 per cord, and the record shows that the plaintiff has not only performed his agreement, but has gone further, and has paid the defendant as much as $6 per cord. Institute v. Mebane, 165 N. C. 650, 81 S. E. 1020.