(Download) "Transamerican Leasing Company v. Three Bears" by Supreme Court of Texas " Book PDF Kindle ePub Free

eBook details

Title: Transamerican Leasing Company v. Three Bears
Author : Supreme Court of Texas
Release Date : January 25, 1979
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 69 KB

Description

Transamerican Leasing Company sued Three Bears, Incorporated, for breach of three agreements by which Three Bears leased restaurant equipment. Transamerican also sued the G. S. and Gladys A. McCreless Trust and its trustees as guarantors on the leases. The trial court rendered judgment on the jury verdict against Three Bears and the McCreless Trust and its trustees in the amount of $109,447.76 for unpaid rentals, together with attorney fees and interest. The court of civil appeals reversed the trial courts judgment in part, holding that the McCreless Trust was not liable because its trustees did not have the power to bind the Trust as guarantors. 574 S.W.2d 193. Both Transamerican and Three Bears have applications for writs of error. We reverse that part of the judgment of the court of civil appeals which denied recovery against McCreless Trust and affirm the judgment of the trial court. We affirm the judgment which denied attorney fees to Transamerican.