Broke, Not Broken - Homer Maxey's Texas Bank War (Hardcover)

Homer Maxey was a war hero, multimillionaire and pillar of the Lubbock, Texas, community. During the post-World War II boom, he filled the West Texas horizon with new apartment complexes, government buildings, hotels, banks, shopping centres and subdivisions. On the afternoon of February 16, 1966, executives of Citizens National Bank of Lubbock met to launch foreclosure proceedings against Maxey. In a secret sale, more than 35,000 acres of ranch land and other holdings were divided up and sold for pennies on the dollar. By closing time, Maxey was penniless. Maxey sued the bank and every member of the board of directors, including long-time friends and business partners. Almost fifteen years, two jury trials and nine separate appeals later, the case was settled on September 22, 1980. Broke, Not Broken, the story of this record-breaking, precedent-setting legal case, illuminates a community and a self-styled go-getter who refused to back down, even when his opponents were old friends, well-heeled leaders of the community, a bank backed by powerful Odessa oil men and the most formidable attorneys in West Texas.

General

Imprint:	Texas Tech Press,U.S.
Country of origin:	United States
Series:	American Liberty and Justice
Release date:	May 2014
First published:	June 2014
Authors:	Broadus Spivey • Jesse Sublett
Dimensions:	229 x 152 x 33mm (L x W x T)
Format:	Hardcover - Cloth over boards
Pages:	352
ISBN-13:	978-0-89672-855-4
Categories:	Books > Humanities > History > American history > General Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law > Banking law Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law > Bankruptcy & insolvency law Books > History > American history > General Promotions
LSN:	0-89672-855-2
Barcode:	9780896728554

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