MOLTER v. EQUITABLE DISCOUNT CORPORATION

No. 14612.

418 S.W.2d 262 (1967)

Charles H. MOLTER, Appellant, v. EQUITABLE DISCOUNT CORPORATION, Appellee.

Court of Civil Appeals of Texas, San Antonio.

Rehearing Denied July 31, 1967.


Attorney(s) appearing for the Case

Nugent & Haston, Kerrville, for appellant.

Robert I. Wilson, Kerrville, for appellee.


BARROW, Chief Justice.

Obligor appeals from a judgment non obstante veredicto granted assignee in its suit to recover on a negotiable trade acceptance.

On April 11, 1950, appellant, Charles H. Molter, executed and delivered to Sterling Materials Company, Inc., his trade acceptance for the sum of $273.20, payable on or before September 1, 1950. On or about June 9, 1950, appellant was notified that appellee, Equitable Discount Corporation, had purchased the...

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