Legal Opinion
Young v. Terrace Improvement Co.
Court of Appeals of Texas
Decided July 7, 1933No. 2866PublishedCited by 2 opinions
1Opinion of the Court
PELPHREY, Chief Justice.
On December 2, 1929, the Terrace Improvement Company, a corporation, executed two notes payable to the First National Bank of El Paso, Tex. One note was for $50,000 and the other for $70,000. Both notes were due one year from date. On July 19, 1930, said company executed a series of 120 first mortgage real estate bonds, each of the bonds reading:
“$1,000.00
“First Mortgage Real Estate Bond Negotiated ■ By Mortgage Investment Company of El Paso, Texas.
“El Paso, Texas, July 19th, 1930.
“On the 19th day of July, 1935, for value received, I, we, or either of us, promise to *181pay…
2Cases cited7 opinions
- Lawson v. WarrenSupreme Court of Oklahoma · 1912
- Missouri, K. & T. Ry. Co. of Texas v. MaplesCourt of Appeals of Texas · 1913
- Kellum v. SmithTexas Supreme Court · 1857
- Horton v. SmithCourt of Appeals of Texas · 1912
- Burke v. HindmanOregon Supreme Court · 1910
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- World Help v. Leisure Lifestyles, Inc.Court of Appeals of Texas · 1998
- Schwab v. Schlumberger Well Surveying Corp.Texas Supreme Court · 1946