Forderhause v. Cherokee Water Co.

623 S.W.2d 435 (1981)

Martha Paul Rogers FORDERHAUSE, et al., Appellants,

v.

CHEROKEE WATER COMPANY, Appellee.

No. 8890.

Court of Civil Appeals of Texas, Texarkana.

August 25, 1981.

Rehearing Denied October 13, 1981.

T. A. Bath, Dean W. Turner, Bath & Turner, Henderson, Ruff P. Wall, Carthage, for appellants.

Alison I. McLemore, Longview, Gordon Wellborn, Henderson, Lloyd Lochridge, John W. Stayton, Jr., McGinnis, Lochridge & Kilgore, Austin, for appellee.

CORNELIUS, Chief Justice.

This litigation involves the validity and enforceability of a preferential right to purchase agreement covering oil, gas…