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ADDISON BANK v. TEMPLE-EASTEX, INC.

No. 08-83-00130-CV.

665 S.W.2d 550 (1984)

ADDISON BANK, Appellant, v. TEMPLE-EASTEX, INC., Appellee.

Court of Appeals of Texas, El Paso.

Rehearing Denied February 4, 1984.

Application for Writ of Error March 5, 1984.

Attorney(s) appearing for the Case

Robert L. McCallum, Dallas, for appellant.

Joseph H. McCracken, III, Dallas, for appellee.

Before PRESLAR, C.J., and OSBORNE and SCHULTE, JJ.

OPINION

SCHULTE, Justice.

This case concerns the alleged wrongful dishonor of a letter of credit. Trial was before the court upon stipulated evidence. Appellant appeals from a money judgment against it. We reverse and render.

On December 7, 1979, Appellant Bank issued a $3,000.00 irrevocable letter of credit to Woodward, Inc. for the account of DFW Furniture Distributors, Inc. DFW was buying furniture from Woodward for resale. The letter of credit...

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