Marathon Oil Co. v. Edwards

HALL, Chief Justice.

This case has been appealed twice before. The opinion on the first appeal is reported in Waggoner v. Edwards (Tex.Civ.App.) 68 S.W.(2d) 655, and on the second appeal in Waggoner v. Edwards (Tex.Civ. App.) 83 S.W.(2d) 386. We refer to such reports for a more complete statement of the issues in the case, and will state only such additional facts which are necessary.

The appellants assert that Edwards and his wife sought to recover of E. A. Compton and A. B. Wharton, Jr., as former directors and trustees of the Three D’s Products Distributors, Inc., a dissolved corporation,…