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GONZALES v. AM. GEN. LEASING & FINANCING CORP.

No. 5769.

555 S.W.2d 197 (1977)

Benny R. GONZALES, Appellant, v. AMERICAN GENERAL LEASING & FINANCING CORPORATION, Appellee.

Court of Civil Appeals of Texas, Waco.

August 11, 1977.

Attorney(s) appearing for the Case

Delmar L. Cain and Thomas S. Goggan, Goggan & Cain, Austin, for appellant.

Joe W. Redden, Jr., Fulbright & Jaworski, Houston, for appellee.

HALL, Justice.

American General Leasing & Financing Corp. brought this suit against Benny R. Gonzales on a promissory note executed by defendant in the principal sum of $60,444.38 payable to River City Machinery Co. in monthly installments. The note was secured by a security agreement listing a Case Model W26B Loader as collateral. Plaintiff pleaded that the note and security agreement were assigned to it by River City Machinery Co. for valuable consideration...

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