Legal Opinion

Olney Savings & Loan Ass'n v. Farmers Market of Odessa, Inc.

Texas Court of Appeals, 8th District (El Paso)

Decided January 25, 1989No. 08-88-00113-CVPublishedCited by 18 opinions

1Opinion of the Court

OPINION

PULLER, Justice.

Home Savings Association sued to recover on a deficiency judgment after a non-judicial foreclosure. The jury denied all relief and instead found in favor of the claimed individual guarantors on their cross-action, including a total award of $350,000.00 as exemplary damages. We reverse.

Appellant Olney Savings and Loan Association is the ultimate successor to Home Savings Association (Home). Farmers Market of Odessa, Inc. (Farmers Market), executed a promissory note to Home and secured it with a deed of trust on certain property. Appellee, Lawyers Title Agency of Odessa,…

2Cases cited4 opinions

  1. Willis v. MaverickTexas Supreme Court · 1988
  2. Cherokee Water Co. v. ForderhauseTexas Supreme Court · 1987
  3. Lee v. Sabine BankCourt of Appeals of Texas · 1986
  4. Sutherland v. Caballero, Texas Court of Appeals, 8th District (El Paso)1988

3Cited by18 opinions

  1. Fayette County National Bank v. LillyWest Virginia Supreme Court · 1997
  2. Remington Arms Co., Inc. v. CaldwellTexas Supreme Court · 1993
  3. Savers Federal Savings & Loan Association v. Horst R. Reetz and Kathleen K. ReetzCourt of Appeals for the Fifth Circuit · 1989
  4. Pentad Joint Venture v. First National Bank of La GrangeCourt of Appeals of Texas · 1990
  5. Walnut Equipment Leasing Co. v. J-V Dirt & Loam, a Division of J-V Marble Mfg., Inc., Texas Court of Appeals, 3rd District (Austin)1995

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