Sowell v. Federal Reserve Bank of Dallas

Writ of error to the United States Circuit Court of Appeals for the Fifth Circuit to review its judgment, affirming a judgment for the plaintiff below of the District Court of the United States for the Northern District of Texas, in an action upon a promissory note.

Plaintiff in error, defendant below, a resident of Texas, executed his promissory note payable to the order of a national bank domiciled in Texas. Thé note was endorsed, before maturity, to defendant in error, also domiciled in Texas, as.collateral security for an indebtedness owing by endorser to defendant in error, in excess of…