Thompson v. Kirbyville State Bank

COMBS, Justice.

Appellant, Mrs. Clerye Thompson, joined by her husband, appellant N. B. Thompson, sued appellee, Kirbyville State Bank of Kirbyville, to recover $2,000 which it is alleged the Bank owed her, plus interest at the rate of 6% from December 14, 1935. Mrs. Thompson’s theory of the case was that she advanced the $2,000 to the Bank as a loan to be paid back in one year with interest. The Bank’s theory was that the $2,000 paid the bank by Mrs. Thompson was not a loan but a contribution made by her to restore the impaired capital of the bank, in which she, her husband, and two brothers…