Texas Auto Co. v. Arbetter

I. Arbetter and D. Zweig entered into a contract with Texas Auto Company whereby they agreed to purchase from the latter two business lots in the city of Corpus Christi, upon condition that the Auto Company furnish them an abstract “showing a marketable title” in the company to the property. The abstract was furnished the proposed purchasers within the time prescribed in the contract, was examined by the attorney for the purchasers, who refused to complete the purchase on account of objections to the title. The auto company brought this suit to enforce specific performance, and Arbetter and…