First Nat. Bank in George West v. Brownson

MURRAY, Justice.

Appellant, First National Bank in George West, instituted this suit against T. J. Brownson and Frank Gibbens, seeking to' recover the amount of principal, interest,- and attorney’s fees due oh a certain note, originally for the principal sum of $1,727-.09, signed by Gibbens and Brownson, dated July 28, 1932, and payable to the order, of First National Bank of George West.

The original payee in the note became insolvent and was placed in liquidation. The appellant herein was a new bank organized for the purpose of taking over the assets and liabilities of the defunct bank and…