First Nat. Bank of Merkel v. Thurmond
First Nat. Bank of Merkel v. Thurmond
Addendum
On Motion for Rehearing.
Q. T. Moreland, of Ft. Worth, for appellant.
The First National Bank of Merkel has appealed from a judgment against it in favor of F. G. Thurmond, for himself and as guardian of the estate of P. M. Thurmond, a minor. There is no statement of facts in the record, but it appears from plaintiff’s petition that the - suit was upon a promissory note, alleged to have been executed by T. J. Goggin, O. N. Coggin, and J. J. Strange payable to plaintiff. It is further alleged in the petition that after maturity of the note defendant T. J. Goggin authorized plaintiff to draw a draft upon appellant bank for the amount of principal and interest then due on the note; that thereafter, when plaintiff , inquired of the president of the bank if T. J. Goggin had on deposit with the bank funds sufficient to pay the amount so due, said president made the following indorsement on the note: “September 11, 190S. You are hereby authorized to cheek upon the First National Bank of Merkel, Texas, for the amount of this note when you want it. [Signed] Geo. Berry, President.” Plaintiff further alleged that, relying upon this guaranty of the payment of the note, he made no further effort at that time to collect the note. The judgment contains a recital that appellant had made default, although duly served with citation, but contains other recitals Indicating that evidence was introduced to prove the plaintiff’s cause of action. Prior to the date of the judgment appellant had filed an answer which seems to have been overlooked by the court at the time the judgment was rendered. The judgment contains the further recital that the plaintiff dismissed his suit as to the defendant G. N. Coggin and J. J. Strange who, as noted above, were alleged to be two of the principal makers of the note. There is no pleading in the record containing any allegation that either G. N. Goggin or J. J. Strange resided beyond the limits of the state, or that he could not be reached by the ordinary process of law, or that his residence was unknown, or that he was dead or insolvent.
For the reasons above indicated, the motion for rehearing is granted, the original opinion filed by us withdrawn, and the judgment reversed, and the cause remanded.
Opinion of the Court
The First National Bank of Merkel has appealed from a judgment against it in favor of F. G. Thurmond, for himself and as guardian of the estate of P. M. Thurmond, a minor. The judgment recites that appellant had made default, notwithstanding at the date of its rendition appellant had on file an answer to the petition. No statement of facts appears in the record, but it appears from plaintiff’s petition, which was filed January 21, 1911, that the suit was upon a promissory note alleged to have been executed by T. J. Coggin, C. N. Coggin, and J. J. Strange, payable to plaintiff. It is further alleged in the petition that after maturity of the note defendant T. J. Coggin authorized plaintiff to draw a draft upon appellant bank for the amount of principal and interest then due on the note; that there: after, when plaintiff inquired of the. president of the bank if T. J. Coggin had deposited there funds sufficient to pay the amount' so due said president made the following in-dorsement on the note: “September 11, 1908. You are hereby authorized to check on the First National Bank of Merkel, Texas, for the amount of this note when you want it. [Signed] George Berry, President.” Relying upon said guaranty of its payment, plaintiff made no further effort at the time' to collect the note. Appellant filed an answer to the petition May 22, 1911, consisting of a general demurrer and a plea that the written guaranty upon which plaintiff relied to hold appellant liable was ultra vires and void. The judgment is dated June, 1912, and recites that appellant, although duly cited, had made default. It contains the further recitals that evidence was heard from which it appeared that plaintiff’s cause of action was a liquidated demand, evidenced by a promissory note secured by a-deed of trust on certain described property in the judgment, and that the payment of the note was guaranteed by defendant, the First National Bank of Merkel, Tex. On June 11, 1912, appellant filed its motion for a new trial, duly verified, alleging that in December, 1911, defendant T. J. Coggin. with the assistance of appellant’s attorney, procured an agreement from a person not a party to the suit to lend him the money required to liquidate the notes sued on; that plaintiff who was present when that arrangement was made, agreed that if the money was so procured, he would dismiss the suit. It was further alleged in the motion that appellant's attorney was led to believe that the settlement so arranged had been consummated and the suit dismissed; that the clerk of the court also entertained the same belief, and, acting thereon, omitted the case from the court’s docket, but later, at plaintiff’s instance, again entered it upon the docket, and that neither appellant nor his counsel, both of whom were nonresidents of the county in which judgment was rendered, knew until several days after its rendition, and as soon as such information was obtained the motion was filed.
The judgment is affirmed.
Reference
- Full Case Name
- FIRST NAT. BANK OF MERKEL v. THURMOND Et Al.
- Cited By
- 4 cases
- Status
- Published