Court Opinion

ID: 9833534
Source: CourtListenerOpinion
Date Created: 2023-09-01 22:48:21.677072+00
Date Added: 2024-06-11T07:44:04.039378
License: Public Domain

On Motion for Rehearing.
Appellant has submitted, in connection with its motion for rehearing in this case, a request for additional findings of fact. We make additional findings of fact as follows:
Neither the Goodman and Eaves note nor the Lacy note, discounted with the Liberty National Bank of Waco by J. H. Hulme as president of and purporting to act for the First Guaranty State Bank of Cross Plains, bore any serial number, and neither bore revenue stamps when tendered for discount, but revenue stamps were duly affixed to the same at the time they were delivered to and accepted by said Liberty National Bank. The statement of the First Guaranty State Bank of Cross Plains in the possession of the Liberty National Bank at the time it discounted these notes showed that the Cross Plains Bank had loans amounting to $154,-920, cash on hand $360,002, and deposits *664$502,000. The statement sent to the Cross Plains Bank abount July 31, 1922, showing the amount of the discount of the Goodman and Eaves note and the Lacy note as of July 10, 1922, being the first item of the account, did not show whose notes were discounted at the Liberty National Bank and made no description of the notes whatever.. Prior to the issuance of said statement of July 31, 1922, no statement was issued by the Liberty National Bank charging itself with the sum of the discount of such notes or showing such sum on deposit with it to the credit of the Cross Plains Bank, so far as shown, except the original memorandum of credit which it delivered to said Hulme at the time of the transaction.
Appellant’s motion for rehearing is overruled.