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ZALE CORPORATION v. DECORAMA, INC.

No. 5059.

470 S.W.2d 406 (1971)

ZALE CORPORATION, Appellant, v. DECORAMA, INC., Appellee.

Court of Civil Appeals of Texas, Waco.

Rehearing Denied September 16, 1971.

Attorney(s) appearing for the Case

Stalcup, Johnson, Lipshy & Williams, (Robert L. Meyers III), Dallas, for appellant.

Howard E. Moore, Dallas, for appellee.

OPINION

McDONALD, Chief Justice.

This is an appeal by appellant Zale from a judgment requiring Zale to convey real estate in Dallas County to appellee Decorama, and involves the assignability of an option to purchase such real estate.

Williams and Spencer owned the property here involved, and on April 23, 1965 leased the property to Omark Industries, Inc., for a period of five years beginning on August 1, 1965. Such lease provided "if the premises...

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