Legal Opinion

Lockett v. Farmers' State Bank of Vernon

Court of Appeals of Texas

Decided June 12, 1918No. 1372PublishedCited by 5 opinions

Appeal from District Court, Wilbarger County; J. A. Nabers, Judge. Action on a note by the Farmers’ State Bank of Vernon against the Farmers’ Union Clearing House Company, T. J. Lockett, O. L. Sharp, Carl Dreishner, J. C. McGill, J. S. Rutledge, Joseph Schmidt, J. S. I-Taynes, W. A. Walker, and M. L. Childress, in which Sharp, McGill, Walker, Haynes, and Childress filed cross-action against Lockett and Rutledge.

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Appeal from District Court, Wilbarger County; J. A. Nabers, Judge. Action on a note by the Farmers’ State Bank of Vernon against the Farmers’ Union Clearing House Company, T. J. Lockett, O. L. Sharp, Carl Dreishner, J. C. McGill, J. S. Rutledge, Joseph Schmidt, J. S. I-Taynes, W. A. Walker, and M. L. Childress, in which Sharp, McGill, Walker, Haynes, and Childress filed cross-action against Lockett and Rutledge. Judgment was rendered dismissing Schmidt from the case and against remaining defendants in favor of plaintiff and rights were adjusted between the codefendants. Lockett, Rutledge, and…

1Opinion of the CourtBo-Tce, J.

The Farmers’ State Bank of Vernon brought this suit against the Farmers’ Union Clearing House Company, T. J. Lock-ett, O. L. Sharp, Carl Dreishner, J. C. McGill, J. S. Rutledge, Joseph Schmidt, J. S. Haynes, W. A. Walker, and M. L. Childress on a note executed by said parties, on which 'there was due at the time of the judgment the sum of $4,703.49, for which amount judgment was rendered in favor of the bank against all the defendants, except Joseph Schmidt, who was dismissed. The right of the bank to recover is unquestioned; all of the individual defendants were sureties for the Farmers’…

2Cases cited3 opinions

  1. Phillips v. HerndonTexas Supreme Court · 1890
  2. Rodgers-Wade Furniture Co. v. WynnCourt of Appeals of Texas · 1913
  3. McNeese v. First Nat. Bank of WacoCourt of Appeals of Texas · 1916

3Cited by5 opinions

  1. Peck v. PowellCourt of Appeals of Texas · 1924
  2. Mitchell v. Schimming & EddinsCourt of Appeals of Texas · 1932
  3. Shearer v. MitchellCourt of Appeals of Texas · 1967
  4. Adamson's Estate v. StroudCourt of Appeals of Texas · 1968
  5. Peck v. PowellCourt of Appeals of Texas · 1924

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