Pacific Mutual Life Insur. Co. v. Westglen Park, Inc.

This is a suit to foreclose a vendor’s lien and to enjoin the enforcement of a lien, allegedly junior to the vendor’s lien, arising as a result of a construction loan. Westglen Park, Inc., respondent herein, instituted this action in the district court of Dallas County against W. P. Maddox, the vendee, and Pacific Mutual Life Insurance Company, the holder of the construction loan lien. Westglen alleged that it had sold six lots to Maddox, that Maddox had, as consideration for the property, executed certain promissory notes, and that Maddox had defaulted in payment; as security, Westglen had…