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STUDDARD v. WALTER C. HUDSON, INC.

No. 5-1039.

295 S.W.2d 637 (1956)

Elizabeth STUDDARD et al., Appellants, v. WALTER C. HUDSON, Inc., et al., Appellees.

Supreme Court of Arkansas.

Rehearing Denied December 10, 1956.

Attorney(s) appearing for the Case

Talley & Owen and William L. Blair, Little Rock, for appellants.

Hendrix Rowell, Pine Bluff, for appellees.

GEORGE ROSE SMITH, Justice.

This is a suit brought by Walter C. Hudson, Inc., and its trustee, to foreclose a deed of trust upon certain land in Pulaski county. The deed of trust was executed by the appellant, Elizabeth Studdard, to secure a loan of $11,200 and to secure any future indebtedness to Hudson either incurred by Miss Studdard herself or indorsed by her. The appellant makes two defenses to the suit: (a) She has assertedly not been given credit for a cash...

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