Court of Appeals of Texas October 28, 1968, No. 7881 (City of Lubbock v. Southwestern Investment Co.)

CHAPMAN, Justice.

Southwestern Investment Co., a domestic money lending corporation, with its principal office and domicile in Amarillo, Potter County, Texas, brought this suit against the City of Lubbock and Lubbock Independent School District seeking to set aside and enjoin collection of taxes attempted to be assessed against notes and other receivables of the company.