Hatcher v. Continental Southland Savings & Loan Ass'n

CRITZ, Commissioner.

This case is before the Supreme Court on certified questions from the Court of Civil Appeals for the Seventh district at Amarillo, Tex. The certificate is as .follows:

“The appellants Hatcher and wife borrowed'^,500.00 in July, 1926, from'the appellee Loan Association, executing their note for said sum, secured' by a ’ deed of trust upon certain property in the City of Plainview. At the''same time they applied for 68 -shares of stock in the Association, a certificate being issued to them' and as a part of the transaction for the purpose of securing the payment of the note,…