MIDWESTERN DEVELOPMENT CO. v. DUNLAP

No. 7638.

389 S.W.2d 112 (1965)

MIDWESTERN DEVELOPMENT CO., Inc., Appellant, v. F. B. DUNLAP, Jr., et al., Appellees.

Court of Civil Appeals of Texas, Texarkana.

Rehearing Denied April 13, 1965.


Attorney(s) appearing for the Case

William C. Odeneal, Jr., Dallas, for appellant.

Spencer C. Relyea III, Dallas, for appellees.


FANNING, Justice.

A summary judgment case. On Dec. 17, 1962, appellant Midwestern Development Co., Inc., purchased two tracts of land located in Dallas County from appellees. As part consideration for the purchase Midwestern executed a $50,000.00 note to appellees to be paid in the following manner: $20,000.00 at anytime in 1963, and the remaining $30,000.00 on or before 3 years from the date of the note (Mar. 17, 1963). Said note was executed by Gordon O. Dodson...

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