General Production Co. v. Black Coral Investments

OPINION

SEARS, Justice.

This is an appeal from a summary judgment granted in favor of appellee, Black Coral Investments d/b/a Americana Building. The issue presented is whether Lester Smith (Smith), an officer of General Production Co., Inc. (General Production or appellant), had the apparent authority as a matter of law to bind the corporation to lease agreements executed by him on General Production’s behalf. We hold that he did and affirm the judgment of the trial court.

General Production, a Delaware corporation, is the successor entity resulting from a merger between two Texas companies,…