STANDARD SAV. ASS'N v. CROMWELL

No. B14-85-827-CV.

714 S.W.2d 49 (1986)

STANDARD SAVINGS ASSOCIATION, Appellant, v. Earl CROMWELL, Appellee.

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

June 5, 1986.


Attorney(s) appearing for the Case

Abraham Levit, Bellaire, for appellant.

Isaac E. Henderson, Houston, for appellee.

Before PAUL PRESSLER, SEARS and CANNON, JJ.


PAUL PRESSLER, Justice.

On October 6, 1982, appellant agreed to loan appellee $15,000 at 18% interest. Appellee executed a note for $16,350 which was to be paid in one installment on or before April 6, 1983. At the time of the making of the loan, appellee gave appellant a personal check for $15,000. He claims he told appellant to hold the check, and in the event he did not need the money, he would call and have appellant deposit that check as payment of the loan....

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