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NEI CORP. v. GLENN McMILLAN DEVELOPING CO.

No. 1573.

550 S.W.2d 113 (1977)

NEI CORPORATION, Texas, et al., Appellants, v. GLENN McMILLAN DEVELOPING CO. et al., Appellees.

Court of Civil Appeals of Texas, Houston (14th Dist.).

April 6, 1977.

Attorney(s) appearing for the Case

Henry J. Novak, Jr., Lykos, Bergner & Oberwetter, Houston, John J. Pichinson, Henry E. Bower, Corpus Christi, Russell Morton Brown, Alexandria, Va. (on appeal only), for appellants.

William Key Wilde, Charles G. King, J. Woodfin Jones, Bracewell & Patterson, Houston, for appellees.

CIRE, Justice.

This appeal is from a judgment for plaintiff on its suit for damages for breach of contract.

On March 30, 1973 a contract for the sale of land was entered into between appellee Glenn McMillan Developing Co. (McMillan) as vendor and appellant NEI Corp., Texas (NEI, Texas) as purchaser. Performance of the contract was guaranteed for McMillan by its parent company, appellee Westchester Corp. and performance for NEI, Texas was guaranteed by its...

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