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YARBROUGH v. COOPER

No. 1556.

559 S.W.2d 917 (1977)

Donald B. YARBROUGH, Appellant, v. Rex L. COOPER et al., Appellees-Appellants, v. GREATER HOUSTON BANK, Appellee.

Court of Civil Appeals of Texas, Houston (14th Dist.).

Rehearing Denied January 11, 1978.

Attorney(s) appearing for the Case

Michael Anthony Maness, Jefferson, Maness, Valdes & Mims, Houston, for appellant Donald B. Yarbrough.

Grant Cook, Charles A. Moore, Reynolds, Allen & Cook, Houston, for appellees/appellants Rex L. Cooper, et al.

T. D. Smith, Houston, for appellee Greater Houston Bank.

Appellant's (Donald B. Yarbrough) Rehearing Denied January 11, 1978.

CIRE, Justice.

This double appeal is from a judgment (1) rescinding certain transactions for the purchase of bank stock; (2) awarding actual and exemplary damages for failure to provide a tax shelter; and (3) recognizing the existence of a constructive trust and creditor's lien on shares of bank stock, but refusing to enforce the trust and foreclose the lien.

Plaintiff R. L. Cooper...

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