Legal Opinion

Marfa National Bank v. Powell

Court of Appeals of Texas

Decided June 19, 1974No. 6369PublishedCited by 7 opinions

1Opinion of the Court

OPINION

OSBORN, Justice.

This is a case involving non-payment by a payor-depositary bank of a Bill of Sale Draft. The owner, Appellee, filed suit to collect the face amount of the instrument, plus interest and attorney’s fees, contending the Bank did not timely handle the item when it was deposited and presented for payment. The Bank contends that the instrument was a documentary draft, that its handling was timely, and denies liability to the owner. The trial Court in a non-jury trial entered judgment for Appellee for the amount of the draft, plus interest and attorney’s fees. We reverse and…

2Cases cited6 opinions

  1. Rock Island Auction Sales, Inc. v. Empire Packing Co.Illinois Supreme Court · 1965
  2. Farmers Cooperative Livestock Market, Inc. v. Second National Bank of LondonCourt of Appeals of Kentucky (pre-1976) · 1968
  3. Central Bank and Trust Co. v. First Northwest BankDistrict Court, E.D. Missouri · 1971
  4. Marcus Wiley, James Tate and James Irby, a Partnership Doing Business as Wiley, Tate & Irby v. The Peoples Bank and Trust CompanyCourt of Appeals for the Fifth Circuit · 1971
  5. National City Bank of Rome v. Motor Contract Company of RomeCourt of Appeals of Georgia · 1969

1 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. Western Air and Refrigeration, Inc. v. Metro Bank of DallasCourt of Appeals for the Fifth Circuit · 1979
  2. New Ulm State Bank v. BrownCourt of Appeals of Texas · 1977
  3. Gathercrest Ltd. v. First American Bank & TrustDistrict Court, M.D. Florida · 1985
  4. Continental National Bank v. SandersCourt of Appeals of Texas · 1979
  5. Reynolds-Wilson Lumber Co. v. Peoples National BankSupreme Court of Oklahoma · 1985

2 more not listed; retrieve them via the Exa API.

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