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F L R CORP. v. BLODGETT

No. 6516.

541 S.W.2d 209 (1976)

F L R CORPORATION, Appellant, v. Bill BLODGETT, Trustee, and Texas First Mortgage Reit, Appellees.

Court of Civil Appeals of Texas, El Paso.

Rehearing Denied September 15, 1976.

Attorney(s) appearing for the Case

Wendell S. Loomis, Houston, for appellant.

Vinson, Elkins, Searls, Connally & Smith, Kenneth E. Johns, Jr., John B. Holstead, Houston, for appellees.

OPINION

OSBORN, Justice.

The Appellant, F L R Corporation, presents this appeal from an adverse judgment in a trespass to try title action and suit over a trustee's deed and a cross claim for a declaratory judgment as to the validity of a trustee's deed following a foreclosure sale. We affirm.

In September, 1970, Mr. Richard Olivere obtained an option to buy the 541-acre Flying L Ranch near Bandera for $754,000.00, with a down payment of $50,000...

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