Citizens' Nat. Bank of Stamford v. Stevenson
Court of Appeals of Texas
Appeal from District Court, Jones County; Jno. B. Thomas, Judge. Action by the Citizens’ National Bank of Stamford against J. H. Stevenson. Judgment for defendant, and plaintiff appeals.
1Opinion of the CourtHarper, C. J.
Appellant brought this suit against appellee on a note for $95S.65. The defense is that it was given for the purchase money of hank stock issued by appellant which is inhibited by law; that, therefore, the note is void. Tried without a jury, and judgment rendered for appellee, from which this appeal.
The dealings between the parties leading up to and culminating in the execution of the note sued on are substantially as follows:
The Citizens’ National Bank of Stamford being incorporated with a capital stock of $30,000, determined to increase its capital stock to $100,000, and thereupon solicited…
2Cases cited5 opinions
- Davis v. Elmira Savings BankSupreme Court of the United States · 1896
- Bank of Commerce v. GoolsbySupreme Court of Arkansas · 1917
- Sturdevant v. FalveyCourt of Appeals of Texas · 1915
- Ludtke v. SmithCourt of Appeals of Texas · 1916
- Patterson v. OnionCourt of Appeals of Texas · 1918
3Cited by4 opinions
- Citizens' Nat. Bank of Stamford v. StevensonTexas Commission of Appeals · 1921
- Bratta v. Caruso Car Co.California Court of Appeal · 1958
- Wray v. Citizens' Nat. Bank of DublinCourt of Appeals of Texas · 1926
- Penland v. SchrammCourt of Appeals of Texas · 1921