Nautilus Training Center No. 2, Inc. v. Seafirst Leasing Corp.

OPINION

YOUNG, Justice.

Seafirst Leasing Corporation brought this action against Nautilus Training Center of Houston, No. 2, Inc., and its two executive officers for breach of contract. The trial court granted Seafirst’s motion for summary judgment. Nautilus and its president, L.H. Glover, appeal from this judgment. We reverse.

The circumstances which gave rise to this case are as follows: In July of 1978, Nautilus entered into an agreement with Seafirst which was styled “Equipment Lease and Request to Purchase.” This equipment lease provided that Seafirst would purchase a computer at a total…