Texas Supreme Court

Town North National Bank, Petitioner v. Larry Broaddus, Respondents

July 26, 197821 Tex. Sup. Ct. J. 554

Summary

The Texas Supreme Court affirmed the trial court's summary judgment in favor of Town North National Bank, holding that a mere representation by a payee that a maker will not be liable does not constitute fraud in the inducement sufficient to overcome the parol evidence rule. Consequently, the defendants' affidavits did not raise a genuine issue of material fact, and the Bank's sworn copy of the note was proper summary‑judgment evidence.