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DUNLAP v. WILLIAMSON

No. 14151.

683 S.W.2d 544 (1984)

Mrs. Riley Butler DUNLAP, et al., Appellants, v. Olga W. WILLIAMSON, Individually and As Independent Executrix of the Estate of Fred Williamson, Deceased, Appellee.

Court of Appeals of Texas, Austin.

Rehearing Denied January 16, 1985.

Attorney(s) appearing for the Case

James O. Cure, Temple, for Riley Butler Dunlap.

Don Busby, Busby & Wilson, Temple, for Raymond Wilkinson.

Jerry Scarbrough, Killeen, for Peggy Wilkinson.

Jack W. Prescott, Temple, for appellee.

Before PHILLIPS, C.J., and POWERS and GAMMAGE, JJ.

GAMMAGE, Justice.

Riley Butler Dunlap and Raymond and Peggy Wilkinson appeal from the judgment of the trial court holding them liable on a certain promissory note. We will reverse the judgment.

In 1971 Raymond Wilkinson and Roy Dunlap purchased all of the capital stock of Fred Williamson and Company from Fred Williamson. As partial payment for this stock, Raymond Wilkinson and Roy Dunlap executed and delivered to...

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