REPUBLIC NAT. BANK OF DALLAS v. NORTHWEST NAT. BANK OF FORT WORTH

No. 17995.

566 S.W.2d 358 (1978)

The REPUBLIC NATIONAL BANK OF DALLAS, Appellant, v. NORTHWEST NATIONAL BANK OF FORT WORTH, Appellee.

Court of Civil Appeals of Texas, Fort Worth.

Rehearing Denied June 1, 1978.


Attorney(s) appearing for the Case

Green, Gilmore, Rothpletz & Hyden, Frank B. Rynd, Dallas, for appellant.

Farris & Thompson, Thomas L. Farris, Fort Worth, for appellee.


OPINION

MASSEY, Chief Justice.

By this opinion we affirm the judgment of the trial court denying Republic National Bank of Dallas, as Trustee, any right of enforcement of an instrument called an Irrevocable Letter of Credit issued by Northwest National Bank of Fort Worth. The trial court denied enforcement upon a conclusion of law that "The letter of credit in question is a contract of guaranty to answer for the default of B & H Amusement Rides, Inc...

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