Wooten Properties, Inc. v. Smith

FRASER, Justice.

This action was filed in the court below by the appellee against the appellant (defendant in the court below) to recover the sum of $11,600.00, which appellee contended in the court below represented the balance of the purchase price of certain real property located'in Wichita County, Texas, which property was the subject of an option contract between Houston Smith, Jr., predecessor in title to the appellee, and the appellant, the controversy arising over the consideration to be paid by appellant for said property upon the exercise by it of its option to purchase the same.

Both…