Court Opinion

ID: 9675097
Source: CourtListenerOpinion
Date Created: 2023-08-24 04:41:56.769444+00
Date Added: 2024-06-11T18:16:31.461967
License: Public Domain

Order of the Court on Appellee’s Motion for Rehearing.
PER -CURIAM.
Whereas, heretofore, on May 16, 1956, the court overruled motion for rehearing of appellee Mortgage Investment Company of El Paso, Texas; and
Whereas, it appears that said motion should have been granted, the court therefore on, its own motion does hereby set aside said order overruling appellee’s motion-- for rehearing, and- does herein grant said motion,' for the reason that in our previous order entered on March 28, 1956, we reversed and remanded thé whole case for new trial, and we have concluded that the judgment of J. C. McConnell, and J. C. McConnell Land Company, appellants; against Chaney & Singleton, should be reformed as to the interest rate granted by the trial court, and that said judgment should beár interest at the rate of 10% rather than the 6% as set by the trial court, and said judgment as reformed, as well as the judgment of the Mortgage Investment ■Company against Chaney & Singleton should be affirmed, and our order heretofore entered on March 28,’ 1956, should be set aside; and that part of the judgment fixing the priority of liens of the Mortgage Investment Company and J. C. McConnell, et ah, should be reversed and remanded for further proceedings in accordance with our opinion of March 28, 1956, on motion for rehearing.
It is accordingly so ordered.
Any party affected by this order, of course, shall have his usual right and time for filing his motion for rehearing with reference to this order, as provided by law.