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ANDERSON v. CRESWELL-KEITH, INC.

No. 5-2049.

332 S.W.2d 610 (1960)

W.S. ANDERSON, Appellant, v. CRESWELL-KEITH, INC., Trustee for Creswell-Keith Mining Trust, Appellee.

Supreme Court of Arkansas.

March 7, 1960.

Attorney(s) appearing for the Case

Shackleford & Shackleford, El Dorado, for appellant.

Spencer & Spencer, El Dorado, for appellee.

JOHNSON, Justice.

This case involves an oil property transaction. It is primarily a suit in equity to recover $4,000 under the terms of a written instrument.

On November 27, 1956, appellant, W. S. Anderson, and appellee, Creswell-Keith, Inc., entered into the following agreement:

"Agreement Between Creswell-Keith Mining Trust and Mr. W. S. Anderson on his purchase of an undivided one-eighth (1/8) interest in the Moody Estate No. 1, we will hold his...

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