Legal Opinion
Williams v. Southern Trust & Mortgage Company
Court of Appeals of Texas
Decided December 13, 1974No. 4742PublishedCited by 4 opinions
1Opinion of the Court
WALTER, Justice.
Billy B. Williams filed suit against Southern Trust & Mortgage Company, H. R. Bright, individually, and Bright & Schiff, a partnership, to enforce a stock option agreement to purchase 3½% of the capital stock of Southern Trust.
The defendants filed a cross-action and sought an accounting of the profits from investments made by Williams during the time he was employed by them and asked that all such profits and investments be awarded to them. In the alternative they sought damages in the amount of $200,000 for such wrongful conduct on the part of Williams. They also sued for…
2Cases cited5 opinions
- North East Independent School District v. AldridgeTexas Supreme Court · 1966
- Pan American Petroleum Corporation v. Texas Pacific Coal & Oil CompanyTexas Supreme Court · 1959
- Myers v. SmithermanCourt of Appeals of Texas · 1955
- Gallaher v. City Transp. Co. of DallasCourt of Appeals of Texas · 1953
- Gregory v. Texas National Guard Armory BoardCourt of Appeals of Texas · 1973
3Cited by4 opinions
- Springwoods Shopping Center, Inc. v. University Savings Ass'nCourt of Appeals of Texas · 1980
- Hibbard Office World, Inc. v. F. JayCourt of Appeals of Texas · 1979
- Baker v. YeagerCourt of Appeals of Texas · 1987
- Stedman v. StedmanCourt of Appeals of Texas · 1987