Varel Manufacturing Co. v. Acetylene Oxygen Co.

OPINION

Opinion by Justice

DORSEY.

Varel Manufacturing Company appeals from a judgment rendered against it, and in favor of Acetylene Oxygen Company, for the conversion of gas cylinders and denying Varel’s counterclaims. Varel raises eighteen points of error complaining that it was entitled to usury damages and that Acetylene should not have prevailed on its claim for conversion. Acetylene raises two cross-points complaining of a minor usury penalty actually awarded against it by the trial court. We reverse and remand.

Varel operates a manufacturing plant in Matamoros, Mexico. Varel purchased…