Legal Opinion
American Bank & Trust Co. v. Freeman
Court of Appeals of Texas
Decided November 10, 1977No. 7953PublishedCited by 8 opinions
1Opinion of the Court
DIES, Chief Justice.
Plaintiff below, Bruce B. Freeman, was indebted to a Conroe bank for $125,000 and sought a means to pay off the note. R. D. Philpot, Chairman of the Board of Ameri-can Bank & Trust Company of Shreveport, Louisiana, suggested plaintiff apply for a loan at American. At subsequent conversations, Philpot agreed to sell plaintiff 12,500 shares of his stock in American Bank and see that he was elected to its Board.
On September 20, 1971, plaintiff went to Shreveport, signed a note for $275,000, paid the Conroe bank the $125,000 debt, and gave Philpot a check for $149,000, which…
2Cases cited9 opinions
- Wichita Falls Electric Co. v. HueyCourt of Appeals of Texas · 1922
- Logue v. Southern Kansas Railway Co.Texas Supreme Court · 1914
- Crawford v. ModosCourt of Appeals of Texas · 1971
- Standard Underground Cable Co. v. Southern Independent Telephone Co.Court of Appeals of Texas · 1911
- A. J. Anderson Co. v. KinsolvingCourt of Appeals of Texas · 1924
4 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Paul F. Newton & Co. v. Texas Commerce BankCourt of Appeals for the Fifth Circuit · 1980
- CDB Software, Inc. v. Kroll, Texas Court of Appeals, 1st District (Houston)1998
- Richard F. Kiepfer, M.D. v. Barry M. Beller, Etc., American Physicians Insurance ExchangeCourt of Appeals for the Fifth Circuit · 1991
- Retama Manor Nursing Centers, Inc. v. ColeCourt of Appeals of Texas · 1979
- Whitaker v. VastineCourt of Appeals of Texas · 1980
3 more not listed; retrieve them via the Exa API.