Joyce v. First Nat. Bank of Snyder

LESLIE, Chief Justice.

J. R. Joyce instituted this suit against the First National Bank of Snyder to recover on a vendor’s lien note for $1,200, interest, etc., due February 1, 1932. The bank denied liability and pleaded that the alleged assumption by it of the note, etc., was an ultra vires act and unenforceable. The trial was before the court without a jury and judgment was rendered in favor of the plaintiff for the balance due on the note and foreclosure of the vendor’s lien against 240 acres of land; but denied personal judgment against the defendant bank on the ground that the alleged…