South Central Livestock Dealers, Inc. v. Security State Bank of Hedley, Texas v. John Dahl Construction Company, Intervenor-Appellant

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the rule of law in a case similar to Shotwell and decided in 1923 was not overruled by subsequent adoption of the U.C.C. in Texas
• “Texas has long held that if a bank knows that deposits by a debtor in his own name are in fact held by him in a fiduciary capacity, then the bank may not apply such funds to the individual indebtedness of the debtor.”

Source: CourtListener parenthetical corpus (CC0).