CHAFFE v. MURRAY

No. 723.

492 S.W.2d 680 (1973)

Jesse M. CHAFFE, Jr., et al., Appellants, v. Sid MURRAY et al., Appellees.

Court of Civil Appeals of Texas, Corpus Christi.

Rehearing Denied April 12, 1973.


Attorney(s) appearing for the Case

Garrett & Letbetter, George Payne, Houston, for appellants.

Wood, Burney, Nesbitt & Ryan, Allen Wood, Corpus Christi, for appellees.


OPINION

BISSETT, Justice.

This is a suit on a limited partnership contract. The basic issue is the meaning of the term "book value" as used in the contract on which the suit is based. Jesse M. Chaffe, Jr. and wife Jean Chaffe, Lee M. Gallagher and wife, Kathleen Gallagher, and Larry Folks and wife, Catherine Folks, plaintiffs-appellants, who were limited partners in the Sid Murray Insurance Agency, sued Pat Murray...

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