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VERMILION PARISH PEAT CO. v. GREEN BELT PEAT MOSS CO.

No. 17591.

465 S.W.2d 950 (1971)

VERMILION PARISH PEAT COMPANY and Land & Lease Company, Appellants, v. GREEN BELT PEAT MOSS COMPANY, Appellee.

Court of Civil Appeals of Texas, Dallas.

Rehearing Denied April 23, 1971.

Attorney(s) appearing for the Case

Bob J. Spann, McDonald, Spann & Smith, Corpus Christi, for appellants.

A. B. Conant, Jr., Shank, Irwin, Conant & Williamson, Dallas, for appellee.

CLAUDE WILLIAMS, Chief Justice.

The principal question to be decided by this appeal is the validity vel non of certain shares of capital stock issued by a domestic corporation.

The action was brought by Green Belt Peat Moss Company (hereinafter referred to as Green Belt), a Texas corporation, against Vermilion Parish Peat Company (hereinafter referred to as Vermilion), and Land & Lease Company, both Texas corporations, in which Green Belt sought...

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