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MAYFAIR BUILDING CORPORATION v. OAK FOREST BANK

No. 11638.

441 S.W.2d 568 (1969)

MAYFAIR BUILDING CORPORATION et al., Appellants, v. OAK FOREST BANK, Appellee.

Court of Civil Appeals of Texas, Austin.

May 7, 1969.

Attorney(s) appearing for the Case

Underwood & Holcombe, Houston, for appellants, Decatur J. Holcombe, Louis C. Abernathy, Houston, of counsel.

Ladin, Weycer & Schultz, Albert S. Weycer, Houston, for appellee.

O'QUINN, Justice.

This suit was filed originally by Sharpstown State Bank against Mayfair Building Corporation, William Nathan, Great American Insurance Company, and others, seeking a declaratory judgment that a promissory note in the principal sum of $300,000 executed by Mayfair and Nathan to Sharpstown and a surety bond executed by Great American to secure the note were binding obligations.

After Sharpstown filed suit, Oak Forest Bank, appellee in this appeal...

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