Legal Opinion

First State Bank & Trust Co. of Hereford v. Vardeman

Court of Appeals of Texas

Decided June 14, 1916No. 1019PublishedCited by 5 opinions

Appeal from District Court, Deaf Smith County; D. B. Hill, Judge. Action by Winfred Vardeman against the First State Bank & Trust Company of Hereford. From a judgment for plaintiff, defendant appeals.

1Opinion of the CourtHuff, C. J.

The only issue presented on this appeal is whether the trial court should have held that the appellant Bank & Trust Company was, under the facts of this case, and the findings of the jury, subrogated to the rights of the holder and owner, Arnold, of two notes for $575 each, made payable to one Clapp, and executed by Winfred Varde-man and Otho Vardeman, and indorsed by Clapp to Arnold and held by appellant or its president, S. B. Edwards, for collection, and which were paid by appellant out of funds belonging to appellee; and whether the judgment should have been rendered for a sum less the…

2Cases cited3 opinions

  1. Oury v. SaundersTexas Supreme Court · 1890
  2. Park v. Kribs, ReceiverCourt of Appeals of Texas · 1900
  3. Tarver v. Land Mortgage BankCourt of Appeals of Texas · 1894

3Cited by5 opinions

  1. Harrison v. First Nat. Bank of LewisvilleCourt of Appeals of Texas · 1920
  2. Peterson v. ClayCourt of Appeals of Texas · 1920
  3. First State Bank & Trust Co. of Hereford v. VardemanTexas Commission of Appeals · 1920
  4. Western Union Telegraph Co. v. First State Bank & Trust Co.Court of Appeals of Texas · 1922
  5. Harrison v. First Nat. Bank of LewisvilleCourt of Appeals of Texas · 1920

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