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FIRST BANK & TRUST CO., BOOKER v. DUMAS IND. SCHOOL DISTRICT, DUMAS

No. 5483.

527 S.W.2d 499 (1975)

FIRST BANK & TRUST CO., BOOKER, Texas, Appellant, v. DUMAS INDEPENDENT SCHOOL DISTRICT, DUMAS, Texas, Appellee.

Court of Civil Appeals of Texas, Waco.

Rehearing Denied October 2, 1975.

Attorney(s) appearing for the Case

Lemon, Close, Atkinson & Shearer, R. D. Lemon, Perryton, for appellant.

Sheehan & Dubuque, Inc., Louis T. Dubuque, Dumas, for appellee.

OPINION

McDONALD, Chief Justice.

This is an appeal by plaintiff Bank from take-nothing judgment against it, in suit for recovery on warrants issued by defendant School District.

Plaintiff Bank sued defendant School District alleging defendant on July 12, 1965, entered a tax data contract with McMorries & Company and on July 15, 1965, issued negotiable warrants payable to McMorries, which warrants were later acquired by plaintiff in ordinary cause...

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