Legal Opinion

Ling and Company v. Trinity Savings and Loan Ass'n

Texas Supreme Court

Decided May 17, 1972No. B-3019PublishedCited by 33 opinions

1Opinion of the Court

REAVLEY, Justice.

Trinity Savings and Loan Association sued Bruce W. Bowman for the balance owed on a promissory note and also to foreclose on a certificate for 1500 shares of Class A Common Stock in Ling & Company, Inc. pledged by Bowman to secure payment of the note. Ling & Company was made a party to the suit by Trinity Savings and Loan because of Ling & Company’s insistence that the transfer of its stock was subject to restrictions that were unfulfilled. Bowman did not appear and has not appealed from the judgment against him. The trial court entered summary judgment in favor of Trinity…

2Cases cited3 opinions

  1. Hunt v. PERKINS MACHINERY CO. INC.Massachusetts Supreme Judicial Court · 1967
  2. Coleman v. KetteringCourt of Appeals of Texas · 1956
  3. Ling and Company v. Trinity Savings and Loan Assn.Court of Appeals of Texas · 1971

3Cited by33 opinions

  1. Dresser Industries, Inc. v. Page Petroleum, Inc.Texas Supreme Court · 1993
  2. Storage & Processors, Inc. v. ReyesTexas Supreme Court · 2004
  3. Sonat Exploration Co. v. Cudd Pressure Control, Inc.Texas Supreme Court · 2008
  4. River Production Company, Inc. v. Baker Hughes Production Tools, Inc.Court of Appeals for the Fifth Circuit · 1996
  5. Brendan Van Voris and Josephine Durkin v. Team Chop Shop, LLC D/B/A Chop Shop MMA Jerry Howell, Texas Court of Appeals, 5th District (Dallas)2013

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