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GAUT v. AMARILLO ECONOMIC DEV. CORP.

No. 03-95-00757-CV.

921 S.W.2d 884 (1996)

Rufus GAUT, C.W. Crouch, Omni Capital Corporation, and Credwell Corporation, Appellants, v. AMARILLO ECONOMIC DEVELOPMENT CORPORATION and American Airlines, Inc., Appellees.

Court of Appeals of Texas, Austin.

Rehearing Overruled June 5, 1996.

Attorney(s) appearing for the Case

Frederic M. Wolfram, The Wolfram Law Firm, P.C., Amarillo, for Appellants.

Steven L. Hoard, Mullin Hoard & Brown, L.L.P., Amarillo, for Amarillo Economic Development Corp.

Thomas A. Albright, Scott, Douglass, Luton & McConnico, L.L.P., Austin, for American Airlines, Inc.

Before CARROLL, C.J., and ABOUSSIE and KIDD, JJ.

PER CURIAM.

At issue in this cause is whether the trial court properly determined by summary judgment that a contract executed by the Amarillo Economic Development Corporation (AEDC) and American Airlines, Inc. (American) is valid and enforceable. The contract provides that American will supply jet service between the Dallas/Fort Worth International Airport and the Amarillo International Airport for three years in exchange for three annual payments by the AEDC in...

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