CHICAGO, R. I. & P. R. CO. v. OLSON

No. 5-224.

262 S.W.2d 882 (1953)

CHICAGO, R. I. & P. R. CO. v. OLSON et al.

Supreme Court of Arkansas.

December 21, 1953.


Attorney(s) appearing for the Case

Wright, Harrison, Lindsey & Upton, Little Rock, for appellant.

Mahony & Yocum, George M. LeCroy and T. O. Abbott, El Dorado, for appellees.


MILLWEE, Justice.

In 1895, Adam Lockhart executed a deed to the Arkansas Southern Railroad Company covering certain lands. The instrument is entitled "Deed of Right-Of-Way" and recites:

"Witnesseth: That the party of the first part for and in consideration of the sum of twelve and 15/100 Dollars received from the party of the second part the receipt of which is hereby acknowledged, does by these presents grant, bargain, sell, convey and confirm unto the party...

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