NATIONAL INDEMNITY CO. v. SPRING BRANCH STATE BANK

No. 3871.

343 S.W.2d 539 (1961)

NATIONAL INDEMNITY COMPANY, Appellant, v. SPRING BRANCH STATE BANK, Appellee.

Court of Civil Appeals of Texas, Waco.

Rehearing Denied February 23, 1961.


Attorney(s) appearing for the Case

Powell, Rauhut, McGinnis, Reavley & Brown, Houston, for appellant.

Duncan Neblett, Houston, for appellee.


TIREY, Justice.

This is an appeal from an order overruling plaintiff's motion for summary judgment. In the judgment we find this recital: * * * "the Court * * * finds that the law and the facts are with the defendant," * * * and decreed that plaintiff take nothing. The decree is assailed on two points; they are substantially to the effect that the Court erred because: (1) The bank had sufficient knowledge of the trust character of the funds standing in the name of...

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