Farmers' National Bank v. Templeton

GAINES, Chief Justice.

The following question has heen certified for our decision:

“In this case, upon the original hearing, following the authorities cited in appellant’s brief, there being no brief for the apnellees, we held that the president of a national bank had not the power, virtute officii, to release a debt due the bank by accepting property in satisfaction thereof. But on motion for a rehearing, our attention was called for the first time to the case of Panhandle National Bank v. Emery, 78 Texas, 498, which seemed to be in conflict with our decision. We therefore granted the…