Herrin Transp. Co. v. Sheldon

LUMPKIN, Justice.

This appeal is from a $1,500 judgment against the appellant, Herrin Transportation Company. The appellee is V. J. Sheldon, a resident of New Orleans, Louisiana. The suit grew out of a contract between Ben M. McKinney of Sherman, Texas, and the appellee. According to the terms of the contract the appellee agreed for a consideration of $2,200 to sell to McKinney and to deliver to Denison, Grayson County, Texas, a sixteen-foot sloop known as the Sorceress II. As earnest money Mr. McKinney deposited with- appellee the sum of $550. The contract, dated January 12, 1946, provided…