Legal Opinion

Thrift Oil & Gas Co. No. 2 v. Newton

Court of Appeals of Texas

Decided January 5, 1921No. 1736PublishedCited by 2 opinions

Appeal from District Court, Lubbock County; W. R. Spencer, Judge. •Suit by J. C. Newton against the Thrift Oil & Gas Company No. 2. Judgment for plaintiff, and defendant appeals.

1Opinion of the Court

On December 10, 1918, the appellee, J. C. Newton, made application to the Thrift Oil Gas Company No. 2, an unincorporated joint-stock association, for the purchase of a share of the stock of said association, of the par value of $100, agreeing to pay therefor one $100 Liberty Bond of the Fourth Issue. The bond had been subscribed and fully paid for through the Security State Bank Trust Company of Lubbock, Tex., but at the time of the application had not been received by the said bank, it being expected that the bond would be in the hand about January 1, 1919. The oil and gas company accepted…

2Cases cited17 opinions

  1. Lake Shore & Michigan Southern Railway Co. v. RichardsIllinois Supreme Court · 1894
  2. Galigher v. JonesSupreme Court of the United States · 1889
  3. Gray v. President of the Portland BankMassachusetts Supreme Judicial Court · 1807
  4. Greenwall Theatrical Circuit Co. v. MarkowitzTexas Supreme Court · 1904
  5. Yeaman v. Galveston City CompanyTexas Supreme Court · 1914

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3Cited by2 opinions

  1. Miga v. JensenCourt of Appeals of Texas · 2000
  2. Hurst v. ForsytheCourt of Appeals of Texas · 1979

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