Arterbury v. American Bank & Trust Co.

CORNELIUS, Justice.

The sole issue in this appeal is whether the District Court of Bowie County acquired, by virtue of Tex.Rev.Civ.Stat.Ann. art. 2031b, in personam jurisdiction of ap-pellee bank, a Louisiana corporation, in appellant’s suit against the bank for wrongful repossession of an automobile.

When appellant purchased the automobile he was a resident of Louisiana. To pay a portion of the purchase price he borrowed funds from appellee, a state chartered bank having its principal place of business in Coushatta, Louisiana. He signed a note and collateral security instrument which provided…