(DOWNLOAD) "Trafalgar Investments v. Westminster Associates" by Third District, Austin No. 14,629 Court of Appeals of Texas ~ eBook PDF Kindle ePub Free

July 04, 2021

eBook details

Title: Trafalgar Investments v. Westminster Associates
Author : Third District, Austin No. 14,629 Court of Appeals of Texas
Release Date : January 23, 1986
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 66 KB

Description

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 on the apartment property pending trial on the merits. After hearing, the district court signed an order granting the temporary injunction. Trafalgar posted notice to foreclose on the apartment property because Westminster had failed to make a note-payment. Westminster claims that, under the circumstances and the provisions of the Trafalgar note, it was excused from making the payment.