May v. Wilcox Furniture Downtown, Inc.

450 S.W.2d 734 (1969)

David E. MAY, Appellant,

v.

WILCOX FURNITURE DOWNTOWN, INC., et al., Appellees.

No. 425.

Court of Civil Appeals of Texas, Corpus Christi.

November 26, 1969.

Rehearing Denied January 29, 1970.

Branscomb, Gary, Thomasson & Hall, Gary Norton, Corpus Christi, for appellant.

Boone, Davis, Cox & Hale, G. Cole Thomson, Corpus Christi, for appellees.

NYE, Justice.

OPINION

This is a suit for specific performance based upon a contract under which three corporations have exercised their option to re-purchase the shares of stock owned by a former director and stockholder. It was undisputed that…