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ASHLEY v. LEITCH

No. 4851.

533 S.W.2d 831 (1975)

Scottie H. ASHLEY, Jr., et al., Appellants, v. B. Bryan LEITCH, III, Appellee.

Court of Civil Appeals of Texas, Eastland.

Rehearing Denied March 11, 1976.

Attorney(s) appearing for the Case

Reid A. Rector, Power & Ashley, Irving, for appellants.

B. Bryan Leitch, III, Dallas, for appellee.

McCLOUD, Chief Justice.

Plaintiff, B. Bryan Leitch, III, sued defendants, Scottie H. Ashley, Jr., Kenneth D. Reynolds, Robert H. Power, and Bill J. Jones, on a promissory note dated February 27, 1973, in the original principal sum of $40,000, such principal being payable on or before March 1, 1976. Plaintiff alleged that the note gave him the right to either approve a purchaser of the property securing the note or declare the note due and payable in full. He further...

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