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BAYOUD v. BALLARD

Nos. CA 3-6425-C, CA 3-6547-C.

404 F.Supp. 417 (1975)

Paige B. BAYOUD and George S. Bayoud v. Wiley P. BALLARD, Jr., et al. Paige B. BAYOUD and George S. Bayoud v. Wiley P. BALLARD, Jr., and the Ballard and Cordell Corporation, a Georgia Corp.

United States District Court, N. D. Texas, Dallas Division.

October 23, 1975.

Attorney(s) appearing for the Case

Byron L. Williams and Erich Klein, Jr., Lyne, Klein, French & Womble, Dallas, Tex., for Paige Bayoud.

Joseph W. Geary and Rick J. W. Graham, Geary, Brice, Barron & Stahl, Dallas, Tex., for George Bayoud.

John O. Jones, Besing & Baker and Anthony Atwell, Atwell, Cain & Davenport, Dallas, Tex., for defendants.

MEMORANDUM OPINION

WILLIAM M. TAYLOR, Jr., Chief Judge.

This suit is brought by the plaintiffs, Paige B. Bayoud and George S. Bayoud, ("Bayouds") against the defendants, Wiley P. Ballard, Jr., as President of Ballard and Cordell Corporation, the Ballard and Cordell Corporation (B & C), and the BABCO Petroleum Limited Partnership (BABCO), wherein plaintiffs seek rescission of their purchase of limited partnership interests in BABCO

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