FEDERAL DEPOSIT INS. CORP. v. TEXAS ELEC.

No. 08-86-00187-CV.

723 S.W.2d 770 (1986)

FEDERAL DEPOSIT INSURANCE CORPORATION, Appellant, v. TEXAS ELECTRIC SERVICE COMPANY, et al., Appellees.

Court of Appeals of Texas, El Paso.

December 31, 1986.


Attorney(s) appearing for the Case

Richard H. Knuck, Midland, Royal Furgeson, Mark N. Osborn, Kemp, Smith, Duncan & Hammond, El Paso, for appellant.

S.G. Johndroe, III, James A. Riddell, Cantey, Hanger, Gooch, Munn & Collins, Fort Worth, Harris E. Kerr, William E. Ward, Morgan & Ward, P.C., Midland, for appellees.

Before SCHULTE, FULLER and WOODARD, JJ.


OPINION

WOODARD, Justice.

This is an appeal from an award of $105,000.00 as compensation for 6.54 acres of a 120.8 acre tract of land which were taken under eminent domain. The entire amount was decreed to belong to the first lien holding mortgagee of the 120.8 acre tract, to the exclusion of the junior mortgagee. We affirm.

In October, 1981, the tract in question was sold to Milton L. Nickel and Henry Baumgartner by N.J. and Jo Nell Bell for $393...

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