Gossett v. L. G. Balfour Co.

BROWN, Justice.

Appellee L. G. Balfour Company brought suit against the State Trust & Savings Bank, a banking corporation organized under the laws of Texas, and domiciled in Dallas county, while same was a going concern. Such suit, filed in the 44th judicial district court in Dallas county, was for the recovery of a sum of money that had been deposited in such bank by said company; the complaint being that the bank had taken the money and applied it, without right or authority, on a debt due the bank by said company’s district manager.

During the pendency of such suit, the bank became insolvent…