Legal Opinion
First National Bank of Amarillo v. Arrow Oil & Gas, Inc.
Court of Appeals of Texas
Decided October 14, 1991No. 07-90-0227-CVPublishedCited by 5 opinions
1Opinion of the Court
REYNOLDS, Chief Justice.
The First National Bank of Amarillo appeals from a summary judgment decreeing that the Bank wrongfully set off the general deposit account of Dawson Operating Company, Inc. Concluding that the trial court correctly denied the setoff by application of the equitable exception to the Bank’s general right of setoff, we will affirm.
Dawson Operating Company, Inc., whose president was H.C. Bryan Dawson, was an operator of wells, one of which was the Bernstein No. 1 gas well. The Company maintained with the Bank a general deposit account, no. 76-8413 under the name “Dawson…
2Cases cited10 opinions
- City of Houston v. Clear Creek Basin AuthorityTexas Supreme Court · 1979
- Hudnall v. Tyler Bank and Trust CompanyTexas Supreme Court · 1970
- Borg-Warner Acceptance Corp. v. C.I.T. Corp., Texas Court of Appeals, 7th District (Amarillo)1984
- Woodard v. Texas Department of Human ResourcesCourt of Appeals of Texas · 1978
- National Indemnity Co. v. Spring Branch State BankTexas Supreme Court · 1961
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3Cited by5 opinions
- ALON USA, LP v. State, Texas Court of Appeals, 3rd District (Austin)2007
- Robinson v. Home Owners Mgmt. Enters., Inc.Court of Appeals of Texas · 2018
- Alon USA, LP and Alon USA GP, Inc./The State of Texas v. State, Texas Court of Appeals, 3rd District (Austin)2005
- Alon USA, LP and Alon USA GP, Inc./The State of Texas v. State, Texas Court of Appeals, 3rd District (Austin)2005
- R. D. Adams and Connie Adams v. AmWest Savings Association, Texas Court of Appeals, 3rd District (Austin)1994