Miller v. Cercy

DENTON, Chief Justice.

This suit was brought by appellants for the alleged breach of a written contract. G. E. Miller & Company, by its president, G. E. Miller, contracted in writing to sell forty per cent (40%) of the corporate stock of Radio Station KBUY of Amarillo, Texas, to Ralph D. Cercy and C. Paul Henson. Cercy and Henson filed a cross action seeking a recovery of three promissory notes which were executed as part of the sales transaction. Upon plaintiffs’ motion, the trial court appointed a master in chancery as authorized by Rule 171, Texas Rules of Civil Procedure. The master filed…