EASTBURN v. GALYEN

No. 5-1155.

300 S.W.2d 10 (1953)

John M. EASTBURN et ux., Appellants, v. L. A. GALYEN et ux., Appellees.

Supreme Court of Arkansas.

Rehearing Denied April 15, 1957.


Attorney(s) appearing for the Case

George E. Steel, Nashville, Wootton, Land & Matthews, Hot Springs, Rose, Meek, House, Barron & Nash and John H. Haley, Little Rock, for appellants.

Nabors Shaw, Mena, for appellees.


WARD, Justice.

For some years prior to March 9, 1955 appellees, L. A. Galyen and his wife owned a cheese plant at Mena, Arkansas, known as Seven Valley Cheese Plant. A brother of L. A. Galyen, Lindsey Galyen, actively managed the plant for appellees.

On March 9, 1955 appellant, John M. Eastburn, entered into an agreement to purchase said plant for the price of $45,000, of which $10,000 was to be paid upon completion of the agreement and the balance of $35...

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