First State Bank & Trust Co. of Port Lavaca v. Vector Corp.

OPINION

WILSON, Justice.

After the judgment had become final in the trial court in appellant’s action against appellees, and the time for perfecting appeal by appellant had expired, it filed in the trial court a motion in that cause to strike a stipulation previously executed and filed by the parties. The purport of the stipulation was that if plaintiffs recovered a judgment no execution would issue against the defendants (appellees here), but plaintiff’s exclusive remedy for enforcing the judgment would be against debentures or stock of defendant corporations owned by a named resident of New…