First National Bank of Grapevine v. Nu-Way Transports, Inc.

OPINION

SPURLOCK, Justice.

A bank appeals a judgment against it based on a jury verdict. The bank was found to have converted assets held by it in a corporation’s checking account and also to have unreasonably informed a judgment creditor that the corporation was jointly operated with a judgment debtor resulting in the corporation being involved in garnishment actions and being damaged thereby. The question is whether the corporation’s recovery is barred by the two year statute of limitation.

We reverse and render.

On February 29, 1964, R. Otis LaGrone and wife obtained a judgment against G. W.…