Nelson v. Richardson

This suit was originally instituted by the appellants, as plaintiffs, to recover the sum of $800, plus interest, placed in escrow in the Guaranty State Bank, in the matter of a contract for the sale and purchase of a tract of land by plaintiffs to defendant Richardson. The said State Bank was taken over by the First National Bank of Wheeler, Tex. The suit therefore was continued as against said last-named bank, under its liability on its assumption of liabilities of said bank.

The matters of fact, as well as of law, were submitted to the trial court, and that court rendered judgment by default…