Texas Court of Appeals, 7th District (Amarillo) March 30, 1992, 07-91-0272-CV (Goldome Credit Corp. v. University Square Apartments)

POFF, Justice.

University Square Apartments (University Square), appellee, sued to enjoin First National Bank at Lubbock (the Bank) from honoring a $150,000 letter of credit. The letter of credit was issued to Goldome Credit Corporation (GCC), appellant, and drawn against University Square’s account.