Stull Chemical Co. v. Capital Southwest Corp.

BARROW, Justice.

This is a plea of privilege case involving Subdivisions 5 and 7 of Article 1995, Vernon’s Ann.Civ.St. Appellant, Stull Chemical Company, brought this declara tory judgment action against Capital Southwest Corporation, a Texas corporation domiciled in Dallas County, Texas, to construe a loan agreement whereby appellee loaned appellant $350,000. By alternative, plea, appellant sought rescission of the agreement because of alleged fraudulent misrepresentations. Appellee’s plea of privilege was sustained following a non-jury hearing. There are no findings of fact or conclusions of…