Ross v. Walker

Elwood Ross sued Alvin Walker to recover the amount due him under the terms of a loan agreement. Trial was before a jury and, based on its answers to two special issues, the trial court rendered judgment for Ross. The Court of Civil Appeals has reversed and remanded. Walker v. Ross, 548 S.W.2d 447 (Tex.Civ.App.—Fort Worth 1977).

The principal amount of the loan to Walker was $50,000. Ross borrowed the $50,000 from the First National Bank of Lancaster at 8V2% per annum interest. He then endorsed the check representing the proceeds of the loan and handed it to Walker. Under the terms of the…