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Mary C. Williams v. Cullen Center Bank & Trust

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eBook details

  • Title: Mary C. Williams v. Cullen Center Bank & Trust
  • Author : Supreme Court of Texas
  • Release Date : January 20, 1985
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 68 KB

Description

Absent a written indemnity agreement or proof of benefit, can a nondrawing cosigner be liable for an overdraft in a joint checking account? The trial court said yes, and granted Cullen Center Bank & Trust a summary judgment against Mary C. Williams in the amount of $4,242.29 with an additional $1,600 allowed as attorneys fees. The court of appeals affirmed that judgment. 671 S.W.2d 711. We reverse the judgments of the courts below and remand this cause to the trial court.


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