Shelby Watson v. Jack Bradsher

CourtCourt of Appeals of Texas
DecidedJanuary 26, 1994
Docket03-93-00225-CV
StatusPublished

This text of Shelby Watson v. Jack Bradsher (Shelby Watson v. Jack Bradsher) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Shelby Watson v. Jack Bradsher, (Tex. Ct. App. 1994).

Opinion

Watson v Bradsher
IN THE COURT OF APPEALS, THIRD DISTRICT OF TEXAS,


AT AUSTIN




NO. 3-93-225-CV


SHELBY WATSON,


APPELLANT



vs.


JACK BRADSHER,


APPELLEE





FROM THE DISTRICT COURT OF TRAVIS COUNTY, 299TH JUDICIAL DISTRICT


NO. 92-15144, HONORABLE JOSEPH H. HART, JUDGE PRESIDING




This dispute arises out of a settlement agreement reached by the parties in order to resolve a prior suit filed by Shelby Watson against Jack Bradsher. Bradsher, appellee, brought this suit for injunctive relief and specific enforcement of the settlement agreement, arguing that Watson refused to honor its terms. Watson, appellant, counter-sued for declaratory relief, claiming that Bradsher defaulted on the agreement. The trial court granted the injunctive relief for Bradsher and denied all relief to Watson.



BACKGROUND

In a prior suit in 1990, Watson sought repayment from Bradsher for several personal loans totalling $34,000. On June 8, 1992, before trial, the parties entered into a written settlement agreement. See Tex. R. Civ. P. 11. The agreement provided that Bradsher would execute a note payable to Watson with a deed of trust and listed the terms to be included in these documents. The final paragraph of the agreement provided for an agreed judgment to be entered against Bradsher, but not abstracted or recorded unless Bradsher defaulted on the agreement or the note and deed of trust to be executed. The final sentence of that paragraph provided that Watson would prepare the settlement documents.

The trial court signed the agreed judgment on July 29, 1992. On August 12, 1992, Watson's attorney delivered to Bradsher's attorney a proposed note and deed of trust. The documents drafted by Watson did not conform to the terms of the settlement chiefly because they did not include a subordination clause for refinancing of one of the tracts of land to secure the note and did not include a sixty-day cure period for default. The only communication between the parties about the defects in the documents was with respect to a typographical error that made the maturity date "1992" instead of "1997."

On September 2, 1992, less than a month after the proposed documents were delivered and before the note and deed of trust were executed, Watson secured issuance of a writ of execution on the agreed judgment. On September 15, Bradsher was served with the writ of execution, and the constable levied on the real property that was to secure the deed of trust. On October 23, 1992, Bradsher's attorney tendered a check for four monthly payments for July through October, accompanied by a new note and deed of trust that Bradsher had drafted and executed. Watson refused to accept these documents.

Bradsher brought suit for injunctive relief from the execution and for specific performance of the settlement agreement. He claimed that he had no obligation to make payments until he was presented with a note and deed of trust conforming to the terms of the settlement agreement. Bradsher also sought attorney's fees and costs in connection with the suit. Watson counter-claimed for a judgment declaring that Bradsher was in default of the settlement agreement.

The court permanently enjoined Watson from executing the prior judgment absent Bradsher's default on the note or deed of trust executed by Bradsher on October 23, 1992. The court awarded Bradsher court costs but denied him attorney's fees. The court filed findings of fact and conclusions of law holding in part that Bradsher had not defaulted in his obligations under the settlement agreement and that no basis existed for Watson to execute under the prior judgment.



DISCUSSION

Watson appeals the issuance of a permanent injunction. Injunctive relief is proper when the applicant shows an imminent and irreparable injury, the absence of an adequate remedy at law, and a wrongful act. Hues v. Warren Petroleum Co., 814 S.W.2d 526, 529 (Tex. App.--Houston [14th Dist.] 1991, writ denied). In Watson's first four points of error, he argues that he was entitled to execute on the prior judgment under the terms of the settlement agreement because Bradsher failed to make timely payments and failed to timely execute the note and deed of trust. He therefore challenges the following conclusions of law made by the trial court: (1) Bradsher's covenant to make note payments was dependent upon Watson's covenant to prepare and deliver the note and deed of trust which conformed with the provisions of the settlement agreement; (2) Bradsher was not in default of his obligation to execute a note and deed of trust; and (3) Bradsher was not in default of his obligation to make payments under the note anticipated by the settlement agreement.

Conclusions of law are always reviewable. Middleton v. Kawasaki, 687 S.W.2d 42, 44 (Tex. App.--Houston [14th Dist.] 1985, writ ref'd n.r.e). Incorrect conclusions of law will not require reversal, however, if the controlling findings of fact will support a correct legal theory. Valencia v. Garza, 765 S.W.2d 893, 898 (Tex. App.--San Antonio 1989, no writ) (citing Benavides v. Warren, 674 S.W.2d 353, 362 (Tex. App.--San Antonio 1984, writ ref'd n.r.e.)).

A settlement agreement is a contract, and its construction is governed by the legal principles applicable to contracts generally. In re J.T.H., 630 S.W.2d 473, 476 (Tex. App.--San Antonio 1982, no writ). The pertinent provisions of the settlement agreement provide:



This agreement is between counsel, and will be filed today with the clerk of the court. The parties agree that Jack Bradsher shall execute the real estate lien note and deed of trust in the standard forms and with these terms:



 1. Payable to Shelby E. Watson

 2. In the amount of $37,000



* * *



 5. Monthly payments of interest only beginning July 1, 1992.





 7. Note due in 5 years, when all principal and interest due.




 9. Note secured by liens on two tracts of property, as previously described in note prepared by this office; and further secured by a deed of trust.



10. Payee agrees to subordinate to a refinancing of first lien on tract one.





12. Judgment for full amount of note balance and $8,000.00 additional attorney fees to be entered into by both parties, and signed by the court, but not abstracted or recorded, unless Bradsher defaults on note or deed of trust or this agreement, and does not cure within 60 days. This does not affect the terms of the note or deed of trust with relation to default: only the collection of the judgment.

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