Kunkel v. Red River Nat. Bank in Clarksville

WILLIAMS, Justice.

J. A. Kunkel, a highly respectable and prosperous citizen, an honest victim of the economic collapse following World War I, upon his voluntary petition was adjudged a bankrupt in 1929, receiving his discharge in bankruptcy in March, 1930. Various claims aggregating around $140,000 were filed and approved in the bankrupt estate, which included the claim for $38,809 of the Red River National Bank, Clarksville, Texas, herein referred to as the bank. The assets paid an insignificant dividend.

Through the services of attorneys employed by Mr. Kunkel in 1940, ten years after his…