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SORRELS v. TEXAS BANK & TRUST CO. OF JACKSONVILLE

No. 76-4126.

597 F.2d 997 (1979)

Kenneth D. SORRELS and Central Arkansas Livestock Sales, Plaintiffs-Appellees, v. TEXAS BANK AND TRUST COMPANY OF JACKSONVILLE, TEXAS, et al., Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

July 2, 1979.

Attorney(s) appearing for the Case

Emerson Stone, Jr., Jacksonville, Tex., Brian E. Berwick, Austin, Tex., for defendants-appellants.

Charles H. Clark, Tyler, Tex., for plaintiffs-appellees.

Before JONES, CLARK and GEE, Circuit Judges.

GEE, Circuit Judge:

This is a diversity case based on fraudulent misrepresentations. Defendants-appellants are Texas Bank and Trust Company of Jacksonville, Texas, and its president, E. R. Gregg. Plaintiffs-appellees are the Sorrels Cattle Company, an Arkansas cattle-trading partnership of Kenneth Sorrels and Sherman Durham, and Central Arkansas Livestock Sales (CALS), an Arkansas auction barn partnership of Sherman Durham and others. Texas Bank was the inventory...

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