Powers v. Lynn

OPINION

YOUNG, Justice.

Because the trial court refused to temporarily enjoin any of the defendants from initiating any proceedings for the collection of indebtedness resulting from the plaintiff’s purchase of the Sand and Sea Resort Hotel of Corpus Christi, Texas, the plaintiff appeals.

On or about June 28, 1974, William L. Powers, Jr., as purchaser, executed a real estate sales contract with Martin Lynn and Bonnie Hayes for the purchase of the Sand and Sea Resort Hotel for a price of $950,000 to be payable partly by cash and the remainder by a note to be secured by a vendor’s lien and a deed…