MAXEY v. TEXAS COMMERCE BANK OF LUBBOCK

No. 8834.

571 S.W.2d 39 (1978)

Homer G. MAXEY et al., Appellants-Appellees, v. TEXAS COMMERCE BANK OF LUBBOCK, Texas (formerly Citizens National Bank of Lubbock), Appellants-Appellees.

Court of Civil Appeals of Texas, Amarillo.

Rehearing Denied September 18, 1978.


Attorney(s) appearing for the Case

Simon & Simon, Harold D. Hammett, Mike Liles, Fort Worth, for Homer G. Maxey, et al.

Jones, Trout, Flygare & Moody, Charles B. Jones, Lubbock, Shafer, Gilliland, Davis, Bunton & McCollum, Inc., Perry Davis, Jr., James M. O'Leary, Odessa, for Citizens National Bank.


ROBINSON, Chief Justice.

This suit was brought by plaintiffs Homer G. Maxey and wife, Melba Maxey, William Goodacre and wife, Glendell Goodacre, and Tommy Elliott and wife, Carla Jean Elliott, against Texas Commerce Bank of Lubbock, Texas (formerly Citizens National Bank of Lubbock), alleging that the Bank failed to exercise good faith in a private foreclosure sale of stock in plaintiffs' closely held corporations. The jury returned a verdict for plaintiffs. Both...

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