Opinion
No. 3196.
March 11, 1926. Rehearing Denied March 18, 1926.
Appeal from Fannin County Court; Sam E. Neilson, Judge.
Action by Earl Nunn against the Ravanna State Bank and another. From an adverse judgment as to the named defendant, plaintiff appeals. Affirmed.
Wheeler Leslie, of Bonham, for appellant.
Cunningham Lipscomb, of Bonham, for appellee.
This suit was instituted in the county court of Fannin county against the appellee, Ravanna State Bank, and Joel Corzine, to recover the aggregate sum of $272.70 as the balance due on two checks drawn by Corzine on the appellee bank, and upon which payment was refused.
The facts show that, some time prior to the execution and delivery of the checks, Corzine was engaged in buying and selling cattle and hogs. He had an agreement with the cashier of the appellee bank that his checks would be paid when given for the purchase of such stock. Corzine had no money on deposit in the bank, and there was no special consideration for the contract, other than what the bank might realize in the ordinary course of business by the deposit of money. The agreement is not shown to have been for any definite period of time, or for the advance of any fixed sum of money. Prior to the time these checks were presented, the bank notified Corzine that it would discontinue cashing his checks.
In the trial below a judgment was rendered in favor of the appellant against Corzine for the balance due upon the checks, but denying a recovery against the bank. It is conceded that the agreement between Corzine and the bank cashier was not in writing, and that fact is pleaded as a defense to this suit. Moreover, the agreement between Corzine and the bank was for no definite time, nor for any definite sum of money. Such an agreement was determinable by either party at his option. It created no binding obligation, even if otherwise valid.
The judgment will be affirmed.