Associates Inv. Co. v. National City Bank of Waco

HALE, Justice.

The National City Bank of Waco, hereafter referred to as the Bank, sued Olan Morgan on a prQmissory note and chattel mortgage covering two automobiles, making Associates Investment Company, a corporation, L. A. Miller and Sam McKinney parties defendant to its suit. It alleged in substance that after Morgan had executed the note and mortgage sued upon he attempted unlawfully to sell one of the mortgaged automobiles to Miller and the other to McKinney without furnishing to either of them a certificate of title to either car; that the Investment Co. was asserting some character of…