Commercial Guaranty State Bank v. Crews

Appellant brought this suit in the- county court of Nacogdoches county on two promissory notes executed by appellee, of date June 2, 1913, for the sum of $100 each, payable to B. F. ■ Moore and J. O. Marshall, or order, and due November 1, 1914, and November 1, 1915, respectively, alleging that it became the owner of said notes before maturity, paying value therefor. Ap-pellee answered that said notes were executed to said Moore and Marshall for stock in the Sacul Gin & Manufacturing Company, and that said stock was never issued to defendant, and that therefore the consideration of said notes…