Legal Opinion
Republic National Bank of Dallas v. Northwest National Bank of Fort Worth
Texas Supreme Court
Decided March 7, 1979No. B-7731PublishedCited by 244 opinions
1Opinion of the Court
McGEE, Justice.
The Republic National Bank of Dallas sued Northwest National Bank of Fort Worth on an instrument entitled “IRREVOCABLE LETTER OF CREDIT.” The disposition of this appeal hinges on the enforceability of that instrument.
The facts of the case are virtually undisputed. In December of 1968 Ronald Hughes, Dudley Hughes, Sr., and Dudley Hughes, Jr., became interested in purchasing the stock of Crown Hill Memorial Park, Inc., corporate owner of a north Dallas cemetery. As required by the law of this state, Crown Hill had a perpetual care fund held in trust for the purpose of maintaining…
2Cases cited14 opinions
- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- Intraworld Industries, Inc. v. Girard Trust BankSupreme Court of Pennsylvania · 1975
- Barclays Bank D. C. O. v. Mercantile National BankCourt of Appeals for the Fifth Circuit · 1973
- Portland Gasoline Co. v. Superior Marketing Co.Texas Supreme Court · 1951
- Pringle-Associated Mortgage Corporation, a Louisiana Corporation v. Southern National Bank of Hattiesburg, Mississippi, a National Banking CorporationCourt of Appeals for the Fifth Circuit · 1978
9 more not listed; retrieve them via the Exa API.
3Cited by244 opinions
- La Sara Grain Co. v. First National Bank of MercedesTexas Supreme Court · 1984
- De Gonzalez v. Mission American Insurance Co.Texas Supreme Court · 1990
- Lubbock Feed Lots, Inc., and Lockney Cooperative Gin v. Iowa Beef Processors, Inc.Court of Appeals for the Fifth Circuit · 1980
- Westwind Exploration, Inc. v. Homestate Savings Ass'nTexas Supreme Court · 1985
- Neeley v. Bankers Trust Co.Court of Appeals for the Fifth Circuit · 1985
239 more not listed; retrieve them via the Exa API.