7-UP BOTTLING CO. OF AUSTIN, INC. v. CAPITAL NAT. BANK

No. 12078.

505 S.W.2d 624 (1974)

7-UP BOTTLING COMPANY OF AUSTIN, INC., et al., Appellants, v. The CAPITAL NATIONAL BANK IN AUSTIN, Independent Executor of the Estate of Edmund Perry Knebel, Deceased, Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied February 27, 1974.


Attorney(s) appearing for the Case

Louis Scott Wilkerson, Sneed, Vine, Wilkerson & Selman, Austin, for appellants.

James P. Hart, Hart & Keahey, Byron Lockhart, Charles G. Trenckmann, Austin, for appellees.


PHILLIPS, Chief Justice.

This suit was filed by the Capital National Bank of Austin in November of 1966 under the provisions of the Texas Uniform Declaratory Judgments Act. The suit was brought in the bank's capacity as an executor of the estate of Edmund Perry Knebel, deceased, to construe a stock option agreement and determine a fact question as to what was the "book value" of the decedent's stock in the 7-Up Bottling Company of Austin, Inc. The book value of this...

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