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USLIFE TITLE INS. CO. OF DALLAS v. ROSSCO, INC.

No. 4998.

550 S.W.2d 419 (1977)

USLIFE TITLE INSURANCE COMPANY OF DALLAS et al., Appellants, v. ROSSCO, INCORPORATED, Appellee.

Court of Civil Appeals of Texas, Eastland.

Rehearing Denied May 19, 1977.

Attorney(s) appearing for the Case

Royal H. Brin and Robert Hyer Thomas, Strasburger, Price, Kelton, Martin & Unis, Dallas, for appellants.

Robert H. Mow, Jr. and Barbara Lynn, Carrington, Coleman, Sloman, Johnson & Blumenthal, Dallas, for appellee.

McCLOUD, Chief Justice.

Plaintiff, Rossco, Inc. sued defendants, USLIFE Title Insurance Company of Dallas and USLIFE Title Company of Houston, for conversion of funds received by USLIFE Houston allegedly belonging to Rossco. Plaintiff asserted that USLIFE Houston was a trustee of certain escrow funds which it agreed to hold and distribute as escrow agent in connection with the closing of a real estate transaction involving a sale by plaintiff to John Lester, E. Mitchell...

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