Steere v. Stockyards Nat. Bank

258 S.W. 1042, 1924 Tex. App. LEXIS 1510
CourtTexas Commission of Appeals
DecidedMarch 5, 1924
DocketNo. 405-3757
StatusPublished
Cited by10 cases

This text of 258 S.W. 1042 (Steere v. Stockyards Nat. Bank) is published on Counsel Stack Legal Research, covering Texas Commission of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Steere v. Stockyards Nat. Bank, 258 S.W. 1042, 1924 Tex. App. LEXIS 1510 (Tex. Super. Ct. 1924).

Opinion

On Motion for Rehearing.

POWELL, P. J.

We have carefully considered motion for rehearing filed herein by appellee. We think the same is without merit and recommend that it be overruled.

In the first ground of motion for rehearing, counsel for the bank contend that the Court of Civil Appeals, in propounding the second certified question, went no further than to ask if the bank, with knowledge that one-third of the Craves’ deposits were trust funds, was put upon inquiry to ascertain whether the rest of the deposits were of that character before applying the deposit to a personal debt of Graves to the bank — that the Court of Civil Appeals did not intend to hold, in propounding that question, that such an inquiry would have rendered unauthorized the offsets from such deposit to the overdraft of Graves to the bank. In response to this contention, we merely desire to say that the wording of the question in the case indicates rather clearly to us that the Court of Civil Appeals had decided that inquiry by the bank would have ascertained the trust nature of the deposit and rendered the application to Graves’ overdraft unauthorized. But, it is immaterial to us what the Court of Civil Appeals thinks of the facts. In answering a certified question, the Supreme Court is merely passing .upon a point of law and not a question of fact. We have answered this question in the affirmative and held that, knowing the deposit contained trust funds, the bank was put upon inquiry to ascertain what part of such deposit consisted of such trust funds before paying a personal debt of Graves to itself out of that deposit. Upon receiving this answer, we are sure the Court of Civil Appeals will then pass upon the facts in connection therewith, fully and freely, and uninfluenced in any way as to the facts by what we have said. The Supreme Court has no desire to invade the jurisdiction of the Court' of Civil Appeals in exercising its prerogatives in passing upon fact questions, and it will not pass upon such questions until they are before it in such a way as to be clearly witMn its jurisdiction.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

First Nat. Bank of Schulenburg v. Winkler
146 S.W.2d 201 (Court of Appeals of Texas, 1940)
Wichita Royalty Co. v. City Nat. Bank
95 F.2d 671 (Fifth Circuit, 1938)
Wichita Royalty Co. v. City Nat. Bank
93 S.W.2d 143 (Texas Supreme Court, 1936)
Wichita Royalty Co. v. City National Bank of Wichita Falls
93 S.W.2d 143 (Texas Supreme Court, 1935)
Wichita Royalty Co. v. City Nat. Bank of Wichita Falls
89 S.W.2d 394 (Texas Supreme Court, 1935)
Wichita Royalty Co. v. City Nat. Bank of Wichita Falls
74 S.W.2d 661 (Court of Appeals of Texas, 1933)
Western Shoe Co. v. Amarillo Nat. Bank
42 S.W.2d 469 (Court of Appeals of Texas, 1931)
Berg v. Union State Bank
229 N.W. 102 (Supreme Court of Minnesota, 1930)
First Nat. Bank of Littlefield v. Neel
10 S.W.2d 408 (Court of Appeals of Texas, 1928)

Cite This Page — Counsel Stack

Bluebook (online)
258 S.W. 1042, 1924 Tex. App. LEXIS 1510, Counsel Stack Legal Research, https://law.counselstack.com/opinion/steere-v-stockyards-nat-bank-texcommnapp-1924.