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TRAFALGAR INV. v. WESTMINSTER ASSOCIATES

No. 14629.

715 S.W.2d 745 (1986)

TRAFALGAR INVESTMENTS, LTD., Appellant, v. WESTMINSTER ASSOCIATES, LTD., Appellee.

Court of Appeals of Texas, Austin.

Rehearing Denied September 24, 1986.

Attorney(s) appearing for the Case

Larry M. Lesh, Michael L. Jones, Locke, Purnell, Boren, Laney & Neely, Dallas, Paul J. Van Osselaer, Shapiro, Edens & Cook, Austin, for appellant.

John J. McKetta, III, Graves, Dougherty, Hearon & Moody, Austin, for appellee.

Before SHANNON, C.J., and EARL W. SMITH and GAMMAGE, JJ.

SHANNON, Chief Justice.

Appellee Westminster Associates, Ltd., filed a declaratory judgment suit in the district court of Travis County seeking a declaration of its rights and obligations concerning its indebtedness to appellant Trafalgar Investments, Ltd., as evidenced by a promissory note and deed of trust to certain apartment property in Austin. Ancillary to its declaratory judgment suit, Westminster sought a temporary injunction prohibiting Trafalgar from foreclosing...

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