Wallace v. Snyder National Bank

RALEIGH BROWN, Justice.

The opinion and judgment dated July 18, 1975 is withdrawn and the following substituted therefor.

Snyder National Bank, suing on a promissory note dated June 10, 1971, was granted a default judgment for $32,155.87 with interest and $3500 attorneys’ fees against E. E. Wallace. Wallace’s motion for new trial was overruled. He appeals.

The default judgment was entered on February 3. Wallace’s answer was received by the clerk on February 4.

His motion for new trial alleged the bank, which held á lien on some of his oil properties as security for a note dated May 29, 1971,…