LOCKHART SAV. & LOAN ASS'N v. REPUBLICBANK AUSTIN

No. 14610.

720 S.W.2d 193 (1986)

LOCKHART SAVINGS & LOAN ASSOCIATION, Appellant, v. REPUBLICBANK AUSTIN, Appellee.

Court of Appeals of Texas, Austin.

Rehearing Denied December 3, 1986.


Attorney(s) appearing for the Case

James M. Vogt, Vogt & Scherer, Austin, for appellant.

Miss Diana K. Borden, McGinnis, Lochridge & Kilgore, Austin, for appellee.

Before SHANNON, C.J., and BRADY and CARROLL, JJ.


BRADY, Justice.

Lockhart Savings & Loan Association appeals from a summary judgment that RepublicBank Austin was not liable on a dishonored check. The check was drawn on RepublicBank and deposited in Lockhart Savings by William H. Stoll. Stoll was not a party to this suit. Appellant Lockhart Savings asserts RepublicBank is liable on the check because RepublicBank failed to return the item before the Austin Clearinghouse deadline of one o'clock p.m. RepublicBank...

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