Legal Opinion

Teague Independent School Dist. v. First State Bank of Teague

Court of Appeals of Texas

Decided March 11, 1922No. 8427Published

Appeal from District Court, Freestone County; A. M. Blackman, Judge. Suit by the Teague Independent School District against the First State Bank of Teague and others. From judgment denying plaintiff relief as to the named and some of the unnamed defendants, the plaintiff appeals.

1Opinion of the Court

BAKER, Special Judge.

This suit was brought by Teague independent school district to recover approximately $30,000 of its school funds. The defendants consisted of certain official depositories of the funds, the sureties upon their several bonds, certain banks with whom portions of the funds were at one time deposited, and the administratrix of one of the bondsmen, who had died and whose estate was in process of administration.

' The existence of the trust funds, that they had been placed with the depositories.in due course, that they had been in part redeposited by the depositories with the…

2Cases cited2 opinions

  1. County of Hall v. ThomssenNebraska Supreme Court · 1902
  2. Trumpbour v. TrumpbourNew York Supreme Court · 1893

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