Court of Appeals of Texas April 12, 1928, No. 2126. (American Surety Co. of New York v. Austin)

HIGGINS, J.

The People’s State Bank of Pearsall, Tex., was a State Bank which failed November 10,1924, and passed into the hands of the banking commissioner for liquidation. Por a number of years prior to its failure, Irby Hudson and Walter H. Harris were cashier and bookkeeper, respectively, of the bank, and were such up to the date of its failure.