Bosque Asset Corp. v. Greenberg

OPINION

W.G. ARNOT, III, Chief Justice.

This is a lawsuit to collect on a promissory note. On or about January 12, 1990, appellee executed a promissory note in the principal sum of $49,315.50 with interest as specified in the note. The payee on the note was First National Bank, located at 508 West 1-30, P.O. Box 479502, Garland, Texas 75047. The note matured according to its terms on February 16, 1991. Although the parties dispute what happened to the note from 1990 to 1994, there is no dispute that the Federal Deposit Insurance Corporation (FDIC) in its corporate capacity transferred the note…