Security Co. v. Panhandle National Bank
Texas Supreme Court
Error to the Court of Civil Appeals for the Third District,, in an appeal from Travis County. The suit was brought hy the Security Company against the bank. Plaintiff had judgment, which, on defendant’s appeal was reversed and rendered for appellant. Appellee then obtained writ of error.
1Opinion of the Court
GAINES, Chief Justice.
The Wichita Eoller Mill Company, a Texas corporation, borrowed of the Panhandle Loan and Trust Company, another domestic corporation, the sum of $7000, for which the 'former executed to the latter a bond, secured by a mortgage upon its property. The Loan and Trust Company sold, through a broker in Connecticut, the bond to the plaintiff in error, the Security Company, a corporation organized and domiciled in the latter State. The mill company having made default, the plaintiff in error brought suit upon the bond in the District Court of Wichita County and obtained a…
2Cited by34 opinions
- Isbell v. Kenyon-Warner Dredging Co.Texas Supreme Court · 1924
- S. R. Smythe Co. v. Ft. Worth Glass & Sand Co.Texas Supreme Court · 1912
- S. R. Smythe Co. v. Ft. Worth Glass & Sand Co.Texas Supreme Court · 1912
- Gen. Conference of Free Baptists v. BerkeyCalifornia Supreme Court · 1909
- Chittim v. Belle Fourche Bentonite Products Co.Wyoming Supreme Court · 1944
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