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MAY v. WILCOX FURNITURE DOWNTOWN, INC.

No. 425.

450 S.W.2d 734 (1969)

David E. MAY, Appellant, v. WILCOX FURNITURE DOWNTOWN, INC., et al., Appellees.

Court of Civil Appeals of Texas, Corpus Christi.

Rehearing Denied January 29, 1970.

Attorney(s) appearing for the Case

Branscomb, Gary, Thomasson & Hall, Gary Norton, Corpus Christi, for appellant.

Boone, Davis, Cox & Hale, G. Cole Thomson, Corpus Christi, for appellees.

NYE, Justice.

OPINION

This is a suit for specific performance based upon a contract under which three corporations have exercised their option to re-purchase the shares of stock owned by a former director and stockholder. It was undisputed that the corporations had the right to re-purchase the stock and that the former stockholder was willing to transfer the stock back to the corporations. However, a dispute arose concerning the value of the stock. The case...

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