Craig v. Stephenville State Bank

WALTER, Justice.

The Stephenville State Bank filed suit against A. L. Craig and Miller Rhoades on *422a note for $10,500.00, secured by a chattel mortgage on two trailers. It also sued J. H. Stelfox and Miller Rhoades on a note for $7,350.00, secured by a chattel mortgage on two trailers.

Rhoades and Stelfox filed a verified answer in which they denied execution of the note sued on. Stelfox and Rhoades also filed a motion for summary judgment in which they alleged that the note sued on was the consideration moving from them to the bank for the sale of two truck trailers weighing in excess of 4,000…