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GIFFORD v. OLD REPUBLIC INS. CO.

No. B2515.

613 S.W.2d 43 (1981)

William R. GIFFORD et al., Appellants, v. OLD REPUBLIC INSURANCE COMPANY et al., Appellees.

Court of Civil Appeals of Texas, Houston (14th Dist.).

Rehearing Denied March 18, 1981.

Attorney(s) appearing for the Case

R. Mayo Davidson; Davidson & Davidson, Houston, for appellants.

Marshall B. Brown, Bellaire, for appellees.

Before COULSON, MILLER and MURPHY, JJ.

MURPHY, Justice.

William R. Gifford and Harold Gunn appeal from a summary judgment entered in favor of Old Republic Insurance Company and Reagan Commerce Bank. The suit was for recovery of the balance due on a promissory note.

Appellants, William R. Gifford and Harold Gunn, the defendants below, executed the note and a security agreement for a loan received from Reagan Commerce Bank (Reagan), one of the appellees herein. Reagan assigned the note and security...

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