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TARRANT COUNTY WATER C. AND IMP. DIST. NO. 1 v. MAXWELL

No. 9140.

109 F.2d 604 (1940)

TARRANT COUNTY WATER CONTROL AND IMPROVEMENT DIST. NO. 1 v. MAXWELL et al. MAXWELL et al. v. TARRANT COUNTY WATER CONTROL AND IMPROVEMENT DIST. NO. 1.

Circuit Court of Appeals, Fifth Circuit.

Rehearing Denied February 23, 1940.

Attorney(s) appearing for the Case

Sidney L. Samuels, Ireland Hampton, and William R. Watkins, all of Fort Worth, Tex., for appellant and cross-appellee.

G. R. Lipscomb, W. B. Pinney, Wm. E. Allen, Clarence E. Farmer, Clay Cooke, Stanley Boykin, and L. L. Gambill, all of Fort Worth, Tex., for appellees and cross-appellant.

Before FOSTER, SIBLEY, and McCORD, Circuit Judges.

McCORD, Circuit Judge.

Suits were filed by J. C. Maxwell and others on behalf of themselves and approximately 8,000 other general depositors of the now defunct Texas National Bank of Fort Worth, Texas. The plaintiffs sought to recover from Tarrant County Water Control and Improvement District Number One the proceeds of sales of certain securities alleged to have been pledged by Texas National Bank to secure deposits of the...

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