American Mortgage Corp. v. Spencer

Appellant, American Mortgage Corporation, instituted this suit in the district court of Dallas county against appellee, John T. Spencer, to recover on a promissory note executed by him to Beaumont Finance Company and by said company assigned and transferred without recourse to appellant, and to foreclose a mortgage lien given therein to secure the same on one Packard car. “Beaumont Finance Company” was merely a trade-name under which one E. -O. Hinckley transacted business as a loan broker. Some time prior to the execution of the note sued on appellant and said Hinckley entered into a written…