Austin v. Sisk

Chas. O. Austin, commissioner of banking of the state of Texas, having in charge the Citizens’ Guaranty State Bank-of Lufkin, Tex., for the purpose of liquidation, filed this suit against R. O. Sisk upon a promissory note in the sum of $1,000, executed by Sisk, and payable to the order of said banli:.

Sisk answered, admitting the execution of the note,- but defended upon the ground that it was an accommodation note for said bank, pleaded failure of consideration, and, that he had fully complied with his agreement with said bank in the execution of said accommodation note to said bank. The…