SAN ANTONIO LIVESTOCK MKT. INST. v. FIRST NAT. BANK

No. 299.

431 S.W.2d 408 (1968)

SAN ANTONIO LIVESTOCK MARKET INSTITUTE et al., Appellants, v. FIRST NATIONAL BANK OF HALLETTSVILLE, Appellee.

Court of Civil Appeals of Texas, Corpus Christi.

August 29, 1968.


Attorney(s) appearing for the Case

Cox, Smith & Smith, James R. Hale, San Antonio, for appellants.

Armond G. Schwartz, Hallettsville, Fulbright, Crooker, Freeman, Bates & Jaworski, Royce R. Till, Houston, for appellee.


OPINION

SHARPE, Justice.

Appellants brought this suit under Art. 342-704, Vernon's Ann.Civ.St., against First National Bank of Hallettsville, appellee, for recovery upon nine drafts, alleging in substance that appellee was a "drawee bank", had retained the drafts in violation of the statute, and that appellants, as payees and owners of the drafts, had elected to treat the bank as having accepted them. After non-jury trial, judgment was rendered that appellants...

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