Elvia Martinez De Villagomez and Claudia E. Gonzalez v. First National Bank-Edinburg

CourtCourt of Appeals of Texas
DecidedAugust 4, 2005
Docket13-04-00367-CV
StatusPublished

This text of Elvia Martinez De Villagomez and Claudia E. Gonzalez v. First National Bank-Edinburg (Elvia Martinez De Villagomez and Claudia E. Gonzalez v. First National Bank-Edinburg) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Elvia Martinez De Villagomez and Claudia E. Gonzalez v. First National Bank-Edinburg, (Tex. Ct. App. 2005).

Opinion

                                    NUMBER 13-04-367-CV

                                 COURT OF APPEALS

                     THIRTEENTH DISTRICT OF TEXAS

                         CORPUS CHRISTI B EDINBURG

ELVIA MARTINEZ DE VILLAGOMEZ AND

CLAUDIA GONZALEZ,                                                                    Appellants,

                                                             v.

FIRST NATIONAL BANK- EDINBURG, ET AL.,                             Appellees.

                     On appeal from the 93rd District Court

                                        of Hidalgo County, Texas.

                                M E M O R A N D U M   O P I N I O N

     Before Chief Justice Valdez and Justices Hinojosa and Yanez

      Opinion by Chief Justice Valdez

Appellants, Elvia Martinez de Villagomez and Claudia E. Gonzalez (collectively AVillagomez@), appeal from the trial court=s decision to grant summary judgment in favor of appellees, First National BankBEdinburg, Aurelio Garza and Liana Rodriguez.  Because we find no evidence of fraud or trickery on the part of appellees, we affirm.


I. Background

Villagomez is a Mexican businesswoman who neither reads nor speaks English.  She had been regularly traveling from Mexico to conduct her banking and investing at several different U.S. financial institutions following the devaluation of the Mexican peso.  In 1996, Villagomez invested in a certificate of deposit (ACD@) with First National BankBEdinburg (AFNB@) upon the recommendation of Roberto Zuniga, a family friend.  While purchasing the CD from FNB, Villagomez also signed bank loan documents which pledged her CD as collateral for a loan obtained from FNB by Zuniga.  Villagomez was assisted at the bank by two Spanish-speaking FNB employees, appellees Garza and Rodriguez, and was accompanied by Zuniga. 

In 1997, Zuniga failed to repay his loan and FNB appropriated the funds from Villagomez=s CD.  Villagomez and her daughter then sued FNB and its employees, alleging that they committed fraud when they allowed Villagomez to sign the documents pledging her CD as collateral for Zuniga=s loan.  Villagomez claimed that she had not known what the documents said, as they were in English, which she does not read, and she was unaware that her CD was being used as collateral for Zuniga=s loan because Zuniga=s name had not been on the documents she signed.  


Appellees moved for summary judgment, arguing that there was no proof of fraud or any other misconduct on their part.  With their motion, appellees submitted several loan documents signed by Villagomez clearly indicating that she was pledging her CD as collateral for a loan to ARoberto Zuniga d/b/a Zuniga=s Auto Sales,@ including a special Anotice to cosigner@ signed by Villagomez and ostensibly alerting her to the fact that she has guaranteed the debt of AZuniga d/b/a Zuniga=s.@  All these documents were filled out by Villagomez in the presence and with the assistance of Spanish-speaking FNB employees.  The trial court granted appellees= motion and entered judgment against Villagomez.  Now on appeal, Villagomez alleges that the trial court erred in granting summary judgment in favor of appellees because FNB was either fraudulent or negligent when it allowed Villagomez to pledge her CD as collateral.

II.  Analysis

The movant in a traditional motion for summary judgment has the burden of showing that there is no genuine issue of material fact, and that it is entitled to judgment as a matter of law.  See Nixon v. Mr. Property Mgmt. Co., 690 S.W.2d 546, 548 (Tex. 1985).  In deciding whether there is a disputed material fact issue precluding summary judgment, evidence favorable to the nonmovant will be taken as true. See id. at 548‑49.


A person who signs a contract is presumed as a matter of law to know its terms.  D. Wilson Constr. Co. v. McAllen Indep. Sch. Dist., 848 S.W.2d 226, 230 (Tex. App.BCorpus Christi 1992, writ dism'd w.o.j.); see also Thigpen v. Locke, 363 S.W.2d 247, 251 (Tex. 1962) (charging parties to an arm's‑length transaction with a duty to read what they sign).  The failure by a party to read a document, without a showing of fraud, is generally not a defense to its enforcement.  Estes v. Republic Nat'l Bank

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