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SOUTHWEST BANK & TRUST CO. v. ENGINEERING ASSOC. INC.

No. 5679.

549 S.W.2d 451 (1977)

SOUTHWEST BANK & TRUST COMPANY and Ronald Umphress, Appellants, v. ENGINEERING ASSOCIATES, INC., Appellee.

Court of Civil Appeals of Texas, Waco.

Rehearing Denied April 28, 1977.

Attorney(s) appearing for the Case

John B. Hawley, Parnass & Fowler, Irving, for appellants.

Henry C. Meyer, III, Wynn, Brown, Mack, Renfro & Thompson, Fort Worth, for appellee.

HALL, Justice.

Engineering Associates, Inc., appellee, brought this suit against appellants Southwest Bank & Trust Company and Ronald Umphress on the theory that Umphress, acting for Bank, intentionally misrepresented and concealed the true financial condition of Circuit Industries, Inc., causing appellee to extend credit to Circuit, and resulting in the damages sought. Among other defenses, appellants pleaded the two-year statute of limitation. Jury trial resulted...

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