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TURNAGE v. MATKIN

No. 5-1184.

299 S.W.2d 831 (1957)

M. D. TURNAGE and Doris Turnage, d/b/a M. D. Turnage Lumber Co, Appellants, v. W. E. MATKIN, Appellee.

Supreme Court of Arkansas.

March 18, 1957.

Attorney(s) appearing for the Case

Charles S. Harley, Robert C. Downie and Edward L. Wright, Little Rock, Wright. Harrison, Lindsey & Upton, Little Rock, of counsel, for appellants.

Forrest E. Long, Brinkley, for appellee.

HOLT, Justice.

This is a suit on a note,—secured by a chattel mortgage,—for an alleged balance due in the amount of $5,080.12 plus 6% interest. Trial resulted in a decree for appellants in the amount of $700.50, and they have appealed. Appellants are engaged in the wholesale lumber business with offices in Little Rock, Arkansas and appellee owns and operates a sawmill in Augusta, Arkansas. Beginning in September 1952 appellants made advances to, and...

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