Court Opinion

ID: 9831459
Source: CourtListenerOpinion
Date Created: 2023-09-01 21:07:25.165936+00
Date Added: 2024-06-11T07:43:34.989157
License: Public Domain

On Motion for Rehearing.
On motion for rehearing, appellee insists that the plaintiff’s petition did not specifically allege that the debts for which the plaintiff was attempting to hold the defendants, and especially Tom Harrell, had accrued or existed at the time of the transfer of Harrell’s stock to Driscoll. It is true that the pleadings as to this matter are not as full and specific as they might have been, but we believe they were sufficient as .against a general demurrer. Plaintiff alleged—
“That at the time that said transfer of stock was made from the defendant Tom Harrell to J. Thomas Driscoll and from J. Thomas Dris-coll to the defendant J. R. Hill, and at the time said institution was closed and came into the hands of the commissioner of insurance and banking, the debts of the Guaranty State Bank of Sipe Springs, Tex., contracted in the course of its business, were largely in excess of the par value of the shares of stock owned and transferred by the defendants herein.”
We have considered the other questions raised in the motion for rehearing, but believe we correctly decided them in our original opinion.
The motion for rehearing is overruled.*