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JONES v. EL PASO NATURAL GAS PRODUCTS COMPANY

No. 11304.

391 S.W.2d 748 (1965)

J. W. JONES and Wife, Dorothea Jones, Appellants, v. EL PASO NATURAL GAS PRODUCTS COMPANY, a Corporation, and Shell Oil Company, a Corporation, Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied June 23, 1965.

Attorney(s) appearing for the Case

Scott, Hulse, Marshall & Feuille, Charles R. Jones, El Paso, for appellants.

Richard L. Hughston, James A. Lore, Dan H. Farr, Midland, John A. Woodward, Odessa, Hardeman, Smith & Foy, Joe H. Foy, San Angelo, for appellees.

PHILLIPS, Justice.

On August 12, 1958, J. W. Jones and wife, hereinafter called appellants, entered into a letter agreement with El Paso Natural Gas Company, which involved the sale of a wholesale and retail marketing business, including dealer contracts, intangible assets and good will which included a non-competitive agreement on the part of appellants for a ten-year term. The sale included personal property, equipment and inventory at the bulk plant, warehouse...

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