BROADUS A. SPIVEY & JESSE SUBLETT- Broke, Not Broken: Homer Maxey's Texas Bank War

   
  Monday, August 4 at 7pm

BookPeople Presents

Austin Authors

JESSE SUBLETT
& BROADUS SPIVEY

speaking and signing

Broke, Not Broken

 

Tonight we welcome Austinites Jesse Sublett and Broadus Spivey with a new book about the record-breaking, precedent-setting legal case of rancher Homer Maxey. On the afternoon of February 16, 1966, executives of Citizens National Bank of Lubbock met to launch foreclosure proceedings against Maxey, a war hero, multimillionaire, and pillar of the Lubbock, Texas, community. 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. Broke, Not Broken 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.

About Broke, Not Broken:
Homer Maxey was a war hero, multimillionaire, and pillar of the Lubbock, Texas, community. 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.

Broadus Spivey has been practicing law for over fifty years. He currently lives in Austin but began his law career in Lubbock, where he was acquainted with many other principal figures involved in this book, including attorneys on both sides of the case, the judges, Homer Maxey himself, and Maxey’s daughter, Glenna Goodacre.

Jesse Sublett is a writer and musician in Austin. He has published numerous crime novels and nonfiction books and has written dozens of historical documentaries. His journalism has been published in the New York Times, Texas Monthly, Texas Observer, Texas Tribune, and the Austin Chronicle. 

 


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Thank you for supporting Broadus Spivey, Jesse Sublett & your local independent bookstore!
   
Event date: 
Monday, August 4, 2014 - 7:00pm
Event address: 
603 N Lamar Blvd
78703-5413 Austin
us
Broke, Not Broken: Homer Maxey's Texas Bank War Cover Image
$29.95
ISBN: 9780896728554
Availability: On Our Shelves Now
Published: Texas Tech University Press - June 25th, 2014

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