Brown v. Farmers & Merchants National Bank
Texas Supreme Court
Error to Court of Civil Appeals for Fifth District, in an appeal from Johnson County. The contention in this suit involved the liability of E. Y. Brown for certain debts of his nephew, W. O. Brown, incurred when he was a minor, to the Farmers and Merchants National Bank; also the liability of certain assets conveyed by W. O. Brown to J. C. Brown, trustee, in which E. Y. Brown was the preferred creditor, the bank standing-next after him.
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Error to Court of Civil Appeals for Fifth District, in an appeal from Johnson County. The contention in this suit involved the liability of E. Y. Brown for certain debts of his nephew, W. O. Brown, incurred when he was a minor, to the Farmers and Merchants National Bank; also the liability of certain assets conveyed by W. O. Brown to J. C. Brown, trustee, in which E. Y. Brown was the preferred creditor, the bank standing-next after him. E. Y. Brown was the president of the bank when the advances (constituting the debts sued for) were made to W. O. Brown, and verbally directed the cashier to…
1Opinion of the Court
DENMAN, Associate Justice.
—During the year 1891 E. Y. Brown was a member of the board of directors and president of the Farmers and Merchants National Bank, of Cleburne, Texas, which was duly incorporated under the laws of the United States in reference to national banks. W. O. Brown, a minor, was a nephew of E. Y. Brown, and was, at the beginning of the transactions hereinafter referred to, indebted to him in the sum of about $3000. The bank advanced to W. O. Brown on his account between January and April 20, 1891, various sums of money, so that on said latter date he owed the bank a balance…
2Cases cited18 opinions
- Pittsburgh, Cincinnati & St. Louis Railway Co. v. AdamsIndiana Supreme Court · 1886
- Wardell v. Railroad Co.Supreme Court of the United States · 1881
- Mitchell v. . ReedNew York Court of Appeals · 1874
- Monaghan v. Agricultural Fire InsuranceMichigan Supreme Court · 1884
- Faxton v. FaxonMichigan Supreme Court · 1873
13 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Dairyland County Mutual Insurance Co. of Texas v. RomanTexas Supreme Court · 1973
- Bernard J. Lee, Platiff-Appellant v. Jenkins Brothers, Bernard J. Lee v. Farnham YardleyCourt of Appeals for the Second Circuit · 1959
- Neill v. Pure Oil Co.Court of Appeals of Texas · 1937
- Pioneer Casualty Company v. BushCourt of Appeals of Texas · 1970
- Fletcher v. PuckettCourt of Appeals of Texas · 1914
14 more not listed; retrieve them via the Exa API.