Big Lake State Bank v. Morris

FISHER, District Judge.

This cause of action is before the Court on Motions for Summary Judgment in behalf of the Oklahoma State Bank of Ada, Oklahoma and Don Renault of Big Lake, Texas and on a Motion for Order sustaining the interpleader complaint brought by the Big Lake State Bank of Big Lake, Texas.

The facts of this lesson in legal maneuver are uncontested. Their rapid-fire sequence, with dates, is here set forth as briefly as possible. In November of 1960, Mr. Don Renault entered into a contract of sale with Mr. Anderson Brown Morris wherein Morris agreed to purchase radio station KBLT in…