Maxey v. Citizens National Bank of Lubbock

REYNOLDS, Justice.

Summary judgment was rendered in favor of a bank, sued for fraudulent and conspiratorial conversion of property, upon a summary judgment motion theory of res judicata and estoppel by avouched final judgments of absolution of the bank’s representatives for the acts asserted against the bank. Affirmed.

A statement of the litigation is required for a proper perspective. Plaintiffs are Homer G. Maxey, William Goodacre and wife, and Tommy Elliott and wife. Their original suit sought some twenty million dollars actual and exemplary damages from Citizens National Bank of Lubbock,…