Woodson v. Tyra

OPINION

PRESLAR, Justice.

This is a suit brought by Appellants, H. V. Woodson and D. K. Coffman, against Appellees, Chester L. Tyra and Billy R. Tyra, alleging an oral agreement under which the four would engage in a joint venture in acquiring and developing certain oil and gas leases and the turning of same for a profit to Mt. Carmel Drilling Company; it was further alleged that all participated in the venture to its completion, that a confidential relationship arose thereby, and that the Tyras had refused to account for any profits and had refused to convey to the Appellants-Plaintiffs an…