[DOWNLOAD] "David C. Leach v. City National Bank Laredo" by Fourth District, San Antonio No. 04-86-00356-CV Court of Appeals of Texas # eBook PDF Kindle ePub Free
eBook details
- Title: David C. Leach v. City National Bank Laredo
- Author : Fourth District, San Antonio No. 04-86-00356-CV Court of Appeals of Texas
- Release Date : January 27, 1987
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
This is an appeal from a default judgment entered against the appellant, David C. Leach, on a promissory note owed to appellee, The City National Bank of Laredo (Bank). The promissory note, payable to the Bank in the amount of $45,000.00, was executed by Leach on March 6, 1985, and secured by a lien on a 1976 Seneca aircraft owned by him. The record indicates that Leach defaulted on the note by failing to maintain required insurance coverage. The Bank repossessed the aircraft and on September 11, 1985, made demand on Leach for payment in full of the balance on the note. The demand letter was returned to the Bank unclaimed.