Dallas Power & Light Co. v. Loomis

STOREY, Justice.

Dallas Power and Light Company sued Richard F. Loomis seeking to subject his homestead to satisfaction of a judgment. Loomis’ homestead was designated in 1954 at a time when, as found by the trial court, its value exclusive of improvements was “$10,000 or less but more than $5,000” and the constitutional exemption was $5,000. TEX. CONST. art. XVI, § 51 (1876, amended 1970). D.P. & L.’s judgment was obtained in 1981 at a time when the constitutional exemption was $10,000. TEX. CONST. art. XVI, § 51 (1973, amended 1983). D.P. & L. has appealed the trial court judgment denying…