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TEXAS HYDRAULIC & E. CO. v. ASSOCIATES DISCOUNT CORP.

No. 11489.

414 S.W.2d 199 (1967)

TEXAS HYDRAULIC & EQUIPMENT COMPANY, Inc., Appellant, v. ASSOCIATES DISCOUNT CORPORATION, Appellee.

Court of Civil Appeals of Texas, Austin.

March 29, 1967.

Attorney(s) appearing for the Case

Gragg, Storey, Griffith & Gilmore, J. Willard Gragg, Dallas, for appellant.

Robert R. Cole, Dallas, Rogan B. Giles, Austin, for appellee.

PHILLIPS, Chief Justice.

Proceedings in the court below were instituted by Associates Discount Corporation, the appellee here, against one C. H. Lane and Texas Hydraulic & Equipment Company, Inc., the appellant, wherein suit was brought on a note for the principal sum of $19,763.65 and foreclosure on a chattel mortgage lien on a 1963 Mack dump truck. The note and chattel mortgage lien were executed by C. H. Lane, payable to the order of DEFCO Equipment Company...

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