Texas American Bank v. Sayers

PAXTON, Special Judge.

Texas American Bank and Vincent E. Drain, independent co-executors of the estate of Milhous Jackson Mitchell 1 , appeal from a judgment of the Daviess Circuit Court, sitting without a jury, which determined that it had personal jurisdiction over Mitchell under KRS 454.210, the “long arm” statute, and that Mitchell and Lew C. Sayers entered into an enforceable oral contract on or about July 17, 1975.

Mitchell and Sayers were residents of Texas, and acquaintances for several years before Mitchell purchased 36% of the outstanding Owensboro National Bank stock in 1970.…