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CITY OF LITTLE ROCK v. FAUSETT & CO.

No. 5-117.

258 S.W.2d 48 (1953)

CITY OF LITTLE ROCK v. FAUSETT & CO., Inc.

Supreme Court of Arkansas.

May 25, 1953.

Attorney(s) appearing for the Case

O. D. Longstreth, Jr., and Dave E. Witt, Little Rock, for appellant.

Talley & Owen and Robert L. Rogers, II, Little Rock, for appellee.

HOLT, Justice.

This appeal involves the rezoning of a two acre tract of land lying in the proximate center of Garden Homes Addition and Garden Homes Extension Addition, Little Rock. This two acre tract lies within, and on the north border of, an eighteen acre tract, all of which had previously been zoned for "K" Heavy Industrial use under a City Zoning Ordinance of 1937.

Appellee, Fausett & Co., in 1946, had purchased sixteen acres (for $500 per acre)...

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