SOUTHWEST TITLE INS. CO. v. NORTHLAND BLDG. CORP.

No. 17736.

542 S.W.2d 436 (1976)

SOUTHWEST TITLE INSURANCE COMPANY, Appellant, v. NORTHLAND BUILDING CORPORATION et al., Appellees.

Court of Civil Appeals of Texas, Fort Worth.

Rehearing Denied October 22, 1976.


Attorney(s) appearing for the Case

Elmer Parish, Gene Richie, Wichita Falls, for appellant.

Nelson, Montgomery & Robertson, and David Tate, Wichita Falls, for appellee, Northland Bldg. Corp.

Keck & Barnes, and Douglas A. Barnes, Dallas, for appellee, Jeffrey Grynwald.

Byron H. Schaff, Plano, for appellee, First National Bank of Plano, Texas.

Fillmore, Lambert, Farabee & Purtle, Wichita Falls, attorneys for appellee, Guarantee Abstract & Title Co.


OPINION

SPURLOCK, Justice.

Northland Building Corporation (Northland) brought this suit against Southwest Title Insurance Company (SW Title), which had issued a mortgagee's title policy to Northland; against Jeffrey Grynwald (Grynwald), who closed the loan and disbursed the funds; and against First National Bank of Plano, Texas (Bank), the depository of the loan check.

SW Title filed cross-claims against the Bank and Grynwald, and a third party complaint...

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