Landowners in litigation over $4M tract
Seeking to properly divide up a tract of land worth around $4 million, Susan McCurry has filed a petition for partition against Texas Mountain Ranch and Mark and Carolyn Fertitta.Determining the share of each of the joint owners of the property;
The petition was filed July 23 in Jefferson County District Court.
According to the petition, McCurry and the Fertittas are one-third, co-owners of undivided interest in certain real estate in Bandera and Medina Counties. The other third interest belongs to Elizabeth Wadill.
The land is estimated to be worth more than $4 million.
"Defendants ... have expressed an interest in obtaining a one-half divided possessory interest in the tract," the suit states. "Plaintiff has attempted to negotiate an equitable division of the property. However, defendants ... have been unreasonable in proposing a division of the property, thus, necessitating this lawsuit."
The plaintiff seeks the court to enter a decree as follows:
Determining that the property is susceptible to partition and directing partition;
Appoint commissioners to make such partition; and
Awarding of court costs and attorney's fees.
Attorney George Bean of the Beaumont law firm Cashiola & Bean represent the plaintiff.
Judge Milton Shuffield, 136th District Court, is assigned to the case.
Case No. D192-707