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SPRING WOODS BANK OF HOUSTON v. LANIER

No. 6162.

601 S.W.2d 425 (1980)

SPRING WOODS BANK OF HOUSTON, Appellant, v. Sidney E. LANIER, Jr. et al., Appellees.

Court of Civil Appeals of Texas, Waco.

May 15, 1980.

Attorney(s) appearing for the Case

Douglass D. Hearne, Randell W. Livingston, Jr., Hearne & Babb, Austin, for appellant.

William C. Davidson, Jr., Campbell & Davidson, C. Robert Dorsett, Law Offices of C. Robert Dorsett, Austin, for appellees.

HALL, Justice.

In February, 1972, Sidney Lanier, Jr. and his father, Sidney Lanier, Sr. formed a partnership known as L & L Investment Company by oral agreement. Later, Lanier, Jr. and Lanier, Sr. acquired title to lots 5, 6 and 7 of block 4 of Hyde Park Annex, a subdivision located in the City of Austin, Travis County, Texas. Lots 5, 6 and 7 were then re-subdivided into Lot A, Pecan Park Addition; and the correct legal description then became "Lot A, Pecan Park...

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