Jones v. Fitch

SAM D. JOHNSON, Justice.

The issue here presented is one of jurisdiction. Specifically, the question is whether Harris County District Court or the Federal District (Bankruptcy) Court obtained jurisdiction under the following circumstances.

Appellants are Homer Y. Jones and Sky Lakes Development Company, Inc., who will hereafter be referred to as Jones. Appellee is Edward A. Fitch. Certain differences between appellant and appellee were settled on March 20, 1965, whereby Jones agreed to purchase Fitch’s Cessna airplane by assuming Fitch’s obligation to C.I.T. Corporation. Fitch remained jointly…