Court Opinion

ID: 4909453
Source: CourtListenerOpinion
Date Created: 2021-09-09 00:29:54.664982+00
Date Added: 2024-06-11T08:13:20.469669
License: Public Domain

Opinion.— Upon examination of this case we believe that the court erred in overruling appellant’s demurrer to the petition, and also in rendering judgment for appellee, as this suit was brought by J. D. Shaw, on certain notes in which he was the payee, for the use of the assignees and real owners of the notes. It is alleged in the petition that the parties for whose use Shaw brought the suit are respectively the legal owners and holders of the notes, thus showing beyond question that Shaw had no interest whatever in, or title to, these notes. If it could have been shown by the petition that Shaw held the legal title to the instruments sued on, but that the parties for whose use the . suit was brought were equitable owners of the same, then this suit could have been maintained in the name of Shaw for the use of the equitable owners. But it appears, both from the allegations of the petition and the evidence, that Shaw had no interest in the matter, and therefore the suit as brought cannot be maintained.
Reversed and remanded.