Leeco Gas & Oil Company v. County Of Nueces

736 S.W.2d 629 (1987)

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Legal Analysis

Legal analysis from Dean's Law Dictionary will be displayed here.

Nature Of The Case

This section contains the nature of the case and procedural background.

Facts

Leeco (P) deeded land to Nueces County (D) to be used as a public park. P retained a reversionary interest. D began using the land as a park. Later D, although it continued to use the land as a park, began condemnation proceedings against P's interest. D awarded P $10,000 in exchange for its reversionary interest. On appeal, despite the fact that P presented expert testimony valuing the land at between $3,000,000 and $5,000,000, the court awarded P $10 in nominal damages. P appealed, arguing first that D is estopped from condemning P's interest, since it accepted the deed containing the interest, and second that the measure of damages is inadequate.

Issues

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Holding & Decision

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