Opinion

Miller v. Guaranty Trust & Banking Co.

  • 207 S.W. 642
  • 1918 Tex. App. LEXIS 1255
Court
Court of Appeals of Texas
Filed
Dec 12, 1918
Status
Published
Author
Harper
On the bench
Walthall, Harper
Cited by
6 cases
Authority
More cited than 2.0%

The opinion

HARPER, O. J.

(concurring). I am now strongly inclined to the opinion, though I do not dissent, that th'e facts of this case show title in Cooley by reason of assignments by contract from Brown to Burton-Lingo Company and from the latter to the Guaranty Trust & Banking Company of the original Brown notes and mechanic’s lien, and last, by judicial sale by the receiver to him, made,under order of the court and duly confirmed, and cannot be collaterally attacked. Guaranty State Bank & Trust Co. v. Thompson, 195 S. W. 960 . That the equitable doctrine of subrogation in its true sense does not apply,

*649

but that when the court, through) its receiver, sold the Marls Miller note ($5,627.25) sued upon, as one of the assets of the bank, and it containing the original Brown obligation, Cooley succeeded to all the rights of the bank, and when,, in the instant case, the judgment in No. 7388 was set aside and all muniments of title executed under the Mark Miller bank agreements were set aside, it left the original suit pending with the right of the bank to proceed, had it not parted with its title through the sale to Cooley. Having done so, Cooley is now in the position of the bank and is entitled to judgmeht for the whole of thJe debt and to foreclose the Brown mechanic’s lien upon the homestead.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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