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EMCO, INC. v. HEALY

No. 8764.

602 S.W.2d 309 (1980)

EMCO, INC., Appellant, v. John L. HEALY, Appellee.

Court of Civil Appeals of Texas, Texarkana.

Rehearing Denied June 17, 1980.

Attorney(s) appearing for the Case

Daniel J. Sheehan, Jr., Dallas, for appellant.

Joe Bailey Hyden, Frank B. Rynd, Green, Gilmore, Rothpletz & Hyden, Dallas, for appellee.

CORNELIUS, Chief Justice.

Emco, Inc. brought this action against John L. Healy to recover on a promissory note. The note was given by Healy to Emco and assigned by Emco to a bank to finance Healy's purchase of Emco stock. Healy interposed several equitable defenses and also alleged that the note was unenforceable because it was given in violation of the Texas Constitution and the statutes of both Texas and Illinois, where...

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