Leeco Gas & Oil Company v. County Of Nueces

736 S.W.2d 629 (1987)

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Nature of the Case

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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.