Weichsel v. Jones

JONES, Chief Justice.

This suit was instituted in a District court of Dallas county by appellants, Christian C. Weichsel and S. J. Hay, to recover against appellee, T. R. Jones, a balance alleged to be due by virtue of an underwriting agreement executed by ap-pellee and fifteen others,-all stockholders in the Great National Life Insurance Company, in order to insure the issuance and immediate sale of a new issue of stock in the insurance company. Appellants were made trustees for the obligors in said underwriting agreement, and were ' given authority, as such trustees to execute a note to the…