Texas Eastern Transmission Corp. v. McCrate

The plaintiff, Texas Eastern Transmission Corporation (hereinafter referred to as Texas Eastern), brought this action in the Circuit Court of Alexander County against David P., Elizabeth, Joseph E. and Harriet McCrate for reformation of a deed conveying a parcel of real estate from the McCrates to plaintiff. Plaintiff appeals from the decree of the circuit court denying reformation of the deed based on alleged mutual mistake.

The evidence discloses that Texas Eastern entered into negotiations with David and Joseph McCrate in February 1975 for the purchase of a parcel of land in Alexander…