Cadle Co. v. Estate of Weaver

OPINION ON REMAND

BARBER, Justice.

The Cadle Company seeks to recover on two promissory notes. The trial court held that appellant’s claims were barred by the four-year statute of limitations.

We affirm.

FACTUAL AND PROCEDURAL BACKGROUND

Weaver executed two promissory notes payable to the First National Bank of Irving. The first note was in the principal sum of $52,156.64. The second note was in the principal sum of $17,841.55. Weaver defaulted on his obligation to make payment under both notes.

In April 1986, the First National Bank of Irving was placed in receivership. On No- . vember 12, 1986,…