WASH. LOAN AND FIN. CORP. v. SEC. NAT. BANK OF LUBBOCK

No. 8908.

576 S.W.2d 155 (1978)

WASHINGTON LOAN AND FINANCE CORPORATION, Appellant, v. SECURITY NATIONAL BANK OF LUBBOCK, Appellee.

Court of Civil Appeals of Texas, Amarillo.

Rehearing Denied January 29, 1979.


Attorney(s) appearing for the Case

Wynne & Jaffe, Donald C. McCleary, Dallas, for appellant.

Walters & Associates, James A. Walters, Lubbock, for appellee.


ROBINSON, Chief Justice.

Washington Loan and Finance Corporation appeals from an order of the trial court overruling its plea of privilege to be sued in Dallas County. Reversed and remanded.

On February 9, 1977, Peter Payne purchased the six-year $100,000 Certificate of Deposit No. 11981 from Dallas International Bank. On the same day Payne executed an agreement assigning to Washington Loan "all interest now and hereafter payable on Certificate of Deposit...

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