Cypress-Fairbanks Independent School District v. Glenn W. Loggins, Inc.

ON APPELLANT’S MIOTION FOR REHEARING

Opinion by

KAREN ANGELINI, Justice.

Because our judgment of April 23, 2003 erroneously taxed costs of appeal against appellants, we grant appellants’ motion for rehearing. This court’s opinion and judgment dated April 23, 2003 are withdrawn, and this opinion and judgment are substituted in their place.

In this appeal, we are presented with an issue of first impression: whether a possibility of reverter interest can be extinguished in a tax foreclosure sale. We hold that it cannot.

Background

In 1986, Glenn W. Loggins, Inc., Trustee (“Loggins”) bought 6.1869…