Bourdon Rea Barfield v. the Howard M. Smith Company of Amarillo, Respondent

Summary

The Texas Supreme Court reversed the trial court and Court of Civil Appeals, holding that the petitioners were not barred by equitable estoppel or laches and that the lease terms were clear and unambiguous. The Court affirmed the four‑year statute of limitations bar for rentals owed in 1958‑1960, but allowed recovery for rentals owed in 1961‑1964.