Texoma National Bank of Sherman v. First State Bank of McKinney

VANCE, Justice.

This is an appeal from an order overruling Texoma National Bank’s plea of privilege to First State Bank of McKinney’s counterclaim.

Texoma National Bank, a national bank with its county of residence in Grayson County, Texas, filed suit in Grayson County against First State Bank of McKinney, a state bank with its county of residence in Collin County, Texas, for stopping payment on a $30,000 cashier’s check which had been issued to one Donald McKinny by First State Bank of McKinney. This cashier’s check had been deposited in Texoma National Bank. First State Bank of McKinney filed…