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TARRANT v. SCHULZ

No. 243.

441 S.W.2d 868 (1969)

Rosalie Y. TARRANT, Individually and as Independent Executrix of the Estate of L. O. Tarrant, Deceased, Appellant, v. H. R. SCHULZ et ux., Appellees.

Court of Civil Appeals of Texas, Houston (14th Dist.).

Rehearing Denied June 11, 1969.

Attorney(s) appearing for the Case

Thomas H. Lee, Barrow, Bland & Rehmet, Houston, Charles A. Dickerson, Rosenberg, for appellant.

Richard B. Miller, Baker, Botts, Shepherd & Coates, Houston, H. Cecil Baker, Rosenberg, for appellees.

TUNKS, Chief Justice.

In 1963, L. O. Tarrant was the sole shareholder and president of an inactive corporation named Tarrant Wholesale Drug Company. That corporation was the owner of a tract of land, consisting of about 750 acres, located in Fort Bend County, Texas. H. R. Schulz, appellee, owned an adjacent tract of about 236 acres. In May, 1963, Tarrant and his wife, the appellant, entered into negotiations with Schulz for the acquisition of his 236-acre tract. Those...

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