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PAN AMERICAN BANK OF BROWNSVILLE v. NOWLAND

No. 16937.

650 S.W.2d 879 (1983)

PAN AMERICAN BANK OF BROWNSVILLE, Appellant, v. William B. NOWLAND and George K. Wilcox, Jr., Trustee, Appellees.

Court of Appeals of Texas, San Antonio.

Rehearing Denied April 25, 1983.

Attorney(s) appearing for the Case

Reese L. Harrison, Jr., San Antonio, for appellant.

Daniel R. Rutherford, San Antonio, for appellees.

Before BUTTS, TIJERINA and DIAL, JJ.

OPINION

BUTTS, Justice.

This is an appeal from a judgment rescinding a collateral pledge agreement executed by William B. Nowland, appellee, payable to Pan American Bank of Brownsville, appellant, awarding Nowland prejudgment interest of $30,000 and exemplary damages of $25,000.00, and further denying Pan American recovery on a promissory note executed by appellee-third-party defendant, George W. Wilcox, trustee...

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