Reese v. First Nat. Bank of Bellville

On Motion for Rehearing.

Appellant’s position has heretofore been that the certificate of deposit here in question is negotiable. Now, in her motion for rehearing, she changes her position “upon a more thorough search of the law” and concludes that the certificate of deposit is non-negotiable, due to the fact that it is payable in “current funds,” citing an opinion of the Commission of Appeals on a certified question, which opinion was adopted by the Supreme Court. First State Bank of Annona v. Hidalgo Land Co., Tex.Com.App., 268 S.W. 144, 146.

It is true that the opinion in the cited case held…