ANDERSON v. POWELL

No. 16397.

381 S.W.2d 365 (1964)

Babe ANDERSON et al., Appellants, v. Arthur POWELL, Appellee.

Court of Civil Appeals of Texas, Dallas.

July 10, 1964.


Attorney(s) appearing for the Case

Yarborough, Yarborough & Johnson and Don Hinds, Dallas, for appellants.

Speck, Johnson & Alexander and Harry T. Holland, Dallas, for appellee.


DIXON, Chief Justice.

On November 27, 1961 appellee Arthur Powell signed a contract to purchase a house and lot from appellant Babe W. Anderson for the sum of $5,500, the transaction to be closed on or before February 1, 1962.

At the time of signing the contract appellee deposited with Commercial Title Company the sum of $200 as "earnest money and part payment." In another paragraph in the contract it is provided that if the transaction should not be closed...

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