Tyler Bank & Trust Co. v. Saunders

CHADICK, Chief Justice.

This is a suit founded upon a bank’s alleged default under Article 342-704, Vernon’s Ann.Tex.Civ.St. of the Banking Code of 1943. The judgment of the trial *91court in favor of the plaintiff is affirmed in part and in part reversed and remanded.

The suit was instituted in the District Court of Smith County by T. B. Saunders, d/b/a T. B. Saunders & Company, as plaintiff against the Tyler Bank & Trust Company (formerly Tyler State Bank & Trust Company) as defendant, to recover the sum of $23,808.47. The plaintiff’s trial pleading alleged that Shaw Packing Company, a…