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REPUBLIC NATIONAL BANK OF DALLAS v. BEAIRD

No. 7304.

475 S.W.2d 344 (1971)

REPUBLIC NATIONAL BANK OF DALLAS, Administrator, Appellant, v. Rose Mayrath BEAIRD, Appellee.

Court of Civil Appeals of Texas, Beaumont.

Rehearing Denied January 27, 1972.

Attorney(s) appearing for the Case

Turner, Rodgers, Winn, Scurlock & Sailes, Dallas, for appellant.

Irion, Cain, Magee & Davis, Dallas, for appellee.

DIES, Chief Justice.

Plaintiff, appellee, and Martin N. Mayrath were married in December 1948. Four children were born to their marriage. This marriage ended in divorce in February 1959 by decree entered by the Domestic Relations Court in Dallas. A settlement agreement was concluded by the parties which provided in Paragraph IV for payments by Mayrath to plaintiff annually of $23,000 commencing December 21, 1959, and thereafter on the same day of each year until seventeen...

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