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CUMMINGS v. LORD'S ART GALLERIES, INC.

No. 5-1296.

302 S.W.2d 792 (1957)

Fred M. CUMMINGS, Appellant, v. LORD'S ART GALLERIES, Inc., Appellee.

Supreme Court of Arkansas.

Rehearing Denied July 1, 1957.

Attorney(s) appearing for the Case

B. W. Thomas and Richard W. Hobbs, Hot Springs, for appellant.

R. Julian Glover, Hot Springs, D. D. Panich, Little Rock, for appellee.

HOLT, Justice.

This litigation involves an auction sale of a diamond ring. Appellant, Cummings, a non-resident, while a visitor in Hot Springs, Arkansas [on July 1, 1954] and attending an auction of appellee's, made a bid of $900 on a ring which contained a 2.28 carat diamond surrounded by four smaller diamonds "weighing 10 points". His bid of $900 was the highest and the auctioneer closed the sale to appellant for this amount. [Federal excise tax and state sales...

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