Credit Investment & Loan Co. v. Guaranty Bank & Trust Co.

The parties appear here in the same order as they appeared in the trial court. We shall so refer to them.

Defendants’ motions to dismiss and for summary judgment were granted and the action dismissed. Motion for new trial was denied and the plaintiff is here by writ of error.

Plaintiff’s third claim is the principal one of five claims pleaded in its second amended complaint. The others are dependent upon it. It alleges that plaintiff and the defendant trust company entered into a contract on or about August 23, 1956, under which plaintiff purchased and sold to defendant trust company from time…