Republicbank Dallas, National Association v. Burt H. McIntosh Charles L. Snyder, Stan Patton and William D. Flemister

The appellants are guarantors of two notes aggregating slightly less than one and one-half million dollars executed by an Oklahoma limited partnership and secured by real property located in that state. They assert error in the refusal of the trial court to dismiss or stay this action — one by the noteholder on their guaranties — pending the outcome of a state-court action in Oklahoma against the limited partnership to collect the notes and foreclose on the real property. Because they are the general partners in an entity which is the general partner in the limited partnership, they assert…