Andrews v. Cohen

SUMMERS, Chief Justice.

This is an appeal from a judgment in which the trial court held that a debtor’s letter constituted an acknowledgment which removed a debt from the operation of the statute of limitations.

I.K. Cohen (plaintiff/appellee) brought suit seeking a declaratory judgment establishing that he was the true and lawful owner of a one and one-half per cent interest in two limited partnerships, namely, the Texas Recovery Company, LTD. and Camp Hill Oil Company, LTD.; and for judgment on a debt not evidenced by a writing, created by a series of loans of money which appellee made to…