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CITY OF LUBBOCK v. SOUTHWESTERN INVESTMENT CO.

No. 7881.

436 S.W.2d 588 (1968)

CITY OF LUBBOCK et al., Appellants, v. SOUTHWESTERN INVESTMENT CO., Appellee.

Court of Civil Appeals of Texas, Amarillo.

Rehearing Denied December 16, 1968.

Attorney(s) appearing for the Case

Fred O. Senter, Jr., City Atty., Harvey L. Morton and Kenneth Jones, Asst. City Attys., McWhorter, Cobb & Johnson and Chas. L. Cobb, Lubbock, for appellants.

Clayton & Clayton, Cleo G. Clayton, Jr., Amarillo, for appellee.

CHAPMAN, Justice.

Southwestern Investment Co., a domestic money lending corporation, with its principal office and domicile in Amarillo, Potter County, Texas, brought this suit against the City of Lubbock and Lubbock Independent School District seeking to set aside and enjoin collection of taxes attempted to be assessed against notes and other receivables of the company. Permanent injunction was sought forbidding the named taxing units from enforcing the 1967 assessment...

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