Legal Opinion
Echols v. Professional Financial Associates, Inc.
Court of Appeals of Texas
Decided October 14, 1980No. 8804PublishedCited by 4 opinions
1Opinion of the Court
HUTCHINSON, Justice.
This appeal involves the construction of the payment provisions of a note awarded to appellant, Victoria Echols (now Ms. Huber), by the divorce decree entered in her suit against her husband, James Echols.
Mr. Echols was one of the incorporators of appellee, Professional Financial Associates, Inc. When the corporation was formed additional capital was needed and the instrument at issue here was used to obtain additional funds. Mr. Echols loaned appellee $20,000.00 in June of 1969 and took its note for that amount at 7½ annual interest, 10% at maturity, with the principal…
2Cases cited18 opinions
- Woods v. SimsTexas Supreme Court · 1954
- Spence & Howe Construction Co. v. Gulf Oil Corp.Texas Supreme Court · 1963
- Republic National Bank of Dallas v. National Bankers Life Insurance Co.Court of Appeals of Texas · 1968
- Southland Royalty Co. v. Pan American Petroleum Corp.Texas Supreme Court · 1964
- Tsesmelis v. Sinton State BankTexas Commission of Appeals · 1932
13 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Federal Deposit Insurance v. Eagle Properties, Ltd.District Court, W.D. Texas · 1985
- Hettig & Co. v. Union Mutual Life InsuranceCourt of Appeals for the Fifth Circuit · 1986
- Hettig & Company v. Union Mutual Life Insurance CompanyCourt of Appeals for the Fifth Circuit · 1986
- M. M. Casey v. Leslie Lenn, Texas Court of Appeals, 3rd District (Austin)1995