Brand v. Korth

Mr. Judge GERMAN

delivered the opinion of the Commission of Appeals, Section A.

This suit was instituted by James Shaw, Banking Commis*490sioner of the State of Texas, in his capacity as statutory liquidating agent of the Yoakum State Bank, for the use and benefit of the depositors and creditors of said bank. E. C. Brand later succeeded Shaw as Banking Commissioner and is substituted plaintiff. The suit was against Robert P. Korth to recover upon a note for $5000.00, executed by Korth July 7, 1927, payable to himself and indorsed by him. The note in question was in renewal of one originally…