Legal Opinion
English v. Ramo, Inc.
Court of Appeals of Texas
Decided October 29, 1971No. 17663PublishedCited by 6 opinions
1Opinion of the Court
GUITTARD, Justice.
This case begins with the sale of all stock of Red Ball Motor Freight, Inc. by appellants, H. E. English and members of his family, to appellee Ramo, Inc. Ramo’s principal stockholder, appellee TeleCom Corporation, guaranteed the purchase-money notes. We hold that appellants are entitled to accelerate the notes and that appellees are entitled to an offset for breach of express warranty in the amount found by the jury.
The purchase price was $15,500,000, including $4,000,000 cash and Ramo’s notes aggregating $11,500,000: At the time of trial Ramo had paid $3,188,000 on the…
2Cases cited35 opinions
- City of Austin v. CannizzoTexas Supreme Court · 1954
- Mills v. GrayTexas Supreme Court · 1948
- Hindman v. First Nat. Bank of LouisvilleCourt of Appeals for the Sixth Circuit · 1902
- STATE, HIGHWAY COMM'R v. GorgaSupreme Court of New Jersey · 1958
- Morriss-Buick Co. v. PondromTexas Supreme Court · 1938
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3Cited by6 opinions
- Ramo, Inc. v. EnglishTexas Supreme Court · 1973
- Voskamp v. Arnoldy, Texas Court of Appeals, 1st District (Houston)1988
- Martin v. Allman, Texas Court of Appeals, 5th District (Dallas)1984
- American Speedreading Academy, Inc. v. HolstCourt of Appeals of Texas · 1973
- English v. Ramo, Inc.Court of Appeals of Texas · 1971
1 more not listed; retrieve them via the Exa API.