|
Showing 1 - 2 of
2 matches in All Departments
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.
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 centers, 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.
|
You may like...
Poor Things
Emma Stone, Mark Ruffalo, …
DVD
R357
Discovery Miles 3 570
|