Leatherwood Drilling Co. v. TXL Oil Corporation

DIXON, Chief Justice.

Leatherwood Drilling Company, hereinafter referred to as' Leatherwood,' sued TXL Oil Corporation, hereinafter referred to as TXL, for the sum of $52,620 for damage to a drilling rig resulting "from an oil well fire. The petition recited that Firemen’s Fund Insurance Company had paid to Leatherwood the sum of $52,620 as insurance covering Leatherwood’s loss, that the insurance company was the real party in interest and had been authorized in writing to bring suit in the name of Leather-wood.

A jury returned a verdict in which special issues were answered in favor of…