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McCARTY v. LANGDEAU

No. 10765.

337 S.W.2d 407 (1960)

John L. McCARTY, Appellant, v. C. H. LANGDEAU, Receiver of Estate Life Insurance Company, Appellee.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied July 13, 1960.

Attorney(s) appearing for the Case

McCarthy, Carnahan & Haynes, Amarillo, for appellant.

Cecil C. Rotsch, John R. Grace, Austin, for appellee.

HUGHES, Justice.

By way of summary judgment, appellee, C. H. Langdeau, Receiver of Estate Life Insurance Company, was awarded judgment against John L. McCarty for the sum of $379,280, with 6% interest thereon from the date of judgment, and costs.

Appellee filed suit against appellant June 26, 1959, alleging that on or about July 15, 1955, appellant executed a written agreement whereby he agreed to purchase from Estate Life Insurance Company, 19,370 shares...

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