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PETE v. STEVENS

No. 16179.

582 S.W.2d 892 (1979)

L. B. PETE, Appellant, v. W. B. STEVENS, Appellee.

Court of Civil Appeals of Texas, San Antonio.

Rehearings Denied June 13, 1979.

Attorney(s) appearing for the Case

George H. Spencer, Clemens, Spencer, Welmaker & Finck, San Antonio, for appellant.

James S. Frost, A. J. Saegert, Threlkeld, Saegert, Saegert, Kirkendall & Frost, Seguin, for appellee.

OPINION

MURRAY, Justice.

W. B. Stevens, appellee, brought this suit in the district court of Guadalupe County against L. B. Pete, appellant, for title and possession of stock certificates of Seguin Aviation, Inc. Appellee alleges that the stock is owned by him and was pledged to the First National Bank of Seguin to secure a note owned by the corporation, and thereafter the bank transferred the note and security to appellant. He further alleges that since...

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