MOBIL OIL CORPORATION v. Commercial National Bank

BATEMAN, Justice.

Mobil Oil Corporation appeals from an unfavorable judgment in its garnishment action against Commercial National Bank. The' case was submitted to the trial court on an agreed statement of facts pursuant to Rule 263, Vernon’s Texas Rules of Civil Procedure, each party contending that the undisputed facts as a matter of law entitle it to a judgment. Our only task, therefore, is to determine, without regard to the pleadings, whether the judgment was correct. White v. State, 329 S.W.2d 446 (Tex.Civ.App., Dallas 1959, writ ref’d n. r. e.).

Agreed Facts

On September 16, 1966…