Nardis Sportswear v. Simmons

BOND, Chief Justice.

Appellant Nardis Sportswear, a dissolved corporation, by its former directors as trustees, acting under authority of Art. 1388, Vernon’s Annotated Civil Statutes, instituted this suit on October 15, ■ 1946 against appellee John J. Simmons for specific performance of an option contract to purchase certain real estate. Trial was had to a jury and at the conclusion of the evidence both parties moved for instructed verdict. The trial court denied appellant’s motion and sustained that of ap-pellee; accordingly entered judgment that appellant recover nothing by the suit and that…