Cushing v. Riddel

This suit was originally brought by the Federal Reserve Bank of Dallas against appellee, George Riddel, on a promissory note for $15,000 and to foreclose on a chattel mortgage on certain cattle given to secure the note. The said note and mortgage were made in favor of the First National Bank of Ranger, and thereafter transferred to the Federal Reserve Bank.

Appellant, Cushing, acting receiver of the First National Bank of Ranger, intervened in behalf of the bank and alleged that there -had come into his hands as assets of the bank two certain , notes executed by appellee, George Riddel, in…