Dallas Nat. Bank v. Peaslee-Gaulbert Co.

The parties litigant to this appeal are the Dallas National Bank, appellant, incorporated under the banking laws of the United States, Peaslee-Gaulbert Company, incorporated under the laws of the state of Kentucky and operating in the state of Texas under a duly authorized permit, and E. V. Ash-worth, appellees. For brevity, appellee Peaslee-Gaulbert Company will be referred to as appellee company.

On August 10, 1928, appellee company, as plaintiff, filed its suit against appellant and appellee Ashworth as defendants. On June 14, 1929, appellee Ashworth filed his first amended original answer…