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McCONATHY v. DAL MAC COM'L REAL ESTATE, INC.

No. 8410.

545 S.W.2d 871 (1976)

Richard T. McCONATHY, Appellant, v. DAL MAC COMMERCIAL REAL ESTATE, INC., et al., Appellees.

Court of Civil Appeals of Texas, Texarkana.

Rehearing Denied February 1, 1977.

Attorney(s) appearing for the Case

Ken R. Davey, Kerry P. Fitzgerald, Dallas, for appellant.

W. Ted Minick, Winstead, McGuire, Sechrest & Trimble, Dallas, for appellees.

CORNELIUS, Justice.

Appellant, Richard T. McConathy, brought suit against appellees, Dal Mac Commercial Real Estate, Inc., Richard M. Romano and J. W. Davis under Article 581-33 of the Revised Civil Statutes of Texas seeking recision of his purchase of an interest in the "Pioneer Road Joint Venture," which venture was stated in the agreement to be for the purpose of "holding for investment and capital appreciation" a tract of 23.3 acres of land in Irving, near Dallas...

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