Southern Pacific Transport Company v. State

WERLEIN, Justice.

This suit was brought by the State of Texas to escheat certain personal property held by appellant, Southern Pacific Transport Company consisting of unclaimed wages which it was alleged appellant owed to its former employees for the years of 1952, 1953 and 1954 in the sum of $3,008.24, and $25.98 in vouchers payable to other individuals or companies. Although the creditors in question had never asserted or sought to enforce such claims against appellant and the same were barred by the two and four year statutes of limitation, appellant, relying on the opinion of the Attorney…