Schmid v. City Nat. Bank

SPEER, Justice.

W. A. Schmid, as receiver for the Zenith Oil Producing Company of Texas, a 'corporation, instituted this suit against the City National Bank of Wichita Falls, Tex., and the City National Company of Wichita Falls, Tex., on July 8, 1933, to recover for usurious interest alleged to have been paid on a loan negotiated with the first-named defendant on April 5, 1930.

Judgment of the district court was against the plaintiff and for the defendants, and the question of the correctness of that judgment is before us on writ of error, and for convenience we shall refer to the parties…