North Texas Building & Loan Ass'n v. Pyeatt

Mrs. Lela Pyeatt, formerly of Amarillo, Tex., now of Abilene, Tex., one of the appellees here, was the lawful owner of 25 shares of stock in appellant, North Texas Building Loan Association, of Wichita Falls, and early in July, 1932, an impostor, one Lela W. Pyeatt, wife of Roy E. Pyeatt, of Amarillo, Tex., by instrument in writing, sold and assigned to R. H. Compton Co., a private corporation, 25 shares of the capital stock in said Building Loan Association, making one R. H. Compton attorney for the purpose of transferring the stock on the books of the said association.

When this written…