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DIXIE PIPE SALES, INC. v. PERRY

No. B14-92-00008-CV.

834 S.W.2d 491 (1992)

DIXIE PIPE SALES, INC., Appellant, v. Rebecca Thompson PERRY and Edward H. Thompson, Appellees.

Court of Appeals of Texas, Houston (14th Dist.).

Rehearing Denied August 6, 1992.

Attorney(s) appearing for the Case

Robert W. Brown, Thomas C. Wright, Gus G. Tamborello, Houston, for appellant.

Roy Q. Minton, John L. Foster, Will G. Dickey, Megan Gabel, Houston, for appellees.

Before MURPHY, ROBERTSON and CANNON, JJ.

OPINION

MURPHY, Justice.

This case concerns interpretation of a bylaw provision giving a closely held corporation the right of first refusal on a transfer of its stock. Dixie Pipe Sales (Dixie) filed a declaratory judgment action alleging it had the right to purchase stock devised to Rebecca Thompson Perry and Edward Thompson under a will. In two points of error, Dixie claims the trial court erred in holding that the right of first refusal restriction did...

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