Legal Opinion

Commercial Inv. Co. of Uvalde v. Graves

Court of Appeals of Texas

Decided May 10, 1939No. 10528Published

1Opinion

On Motion for Rehearing.

We have concluded that we were in error in holding that the evidence herein is sufficient to show that appellee was an accommodation endorser of the note in suit. If appellee had not been connected with the bank, either as an officer, director or stockholder, he would .have been, under the facts, an accommodation endorser of the note. But, in view of the fact that he was an officer, director and stockholder in the Bank, he cannot here be considered as an accommodation endorser.

After a careful consideration of the authorities, we have definitely decided that it is the…

2Cases cited10 opinions

  1. National Bank of Commerce v. KenneyTexas Supreme Court · 1904
  2. Shaw v. McShaneTexas Commission of Appeals · 1932
  3. Robertson v. City National Bank of BowieTexas Supreme Court · 1931
  4. Darby v. Farmers' State Bank of BurkburnettCourt of Appeals of Texas · 1923
  5. Commonwealth Nat. Bank of Dallas v. GoldsteinCourt of Appeals of Texas · 1924

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