Moor v. Magouirk

In December, 1928, the appellee, Magouirk, was -the owner of a bus line which he operated over the highway extending from Paris, in Lamar county, to Sherman, in Grayson county. Being desirous of selling that line, he executed and delivered to appellant, Moor, the following written instrument:

“Bonham, .Texas, 12/19/28.

“I hereby give J. B. Moor an option on my Bus Franchise from Paris to Sherman, and all equipment as shown by inventory attached hereto, at a price of $47,500.00 to be paid in cash on consent of Texas Railroad Commission to transfer. Said equipment to be delivered free from all…