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HERCULES TROUSER CO. v. BURROW

No. 5-2632.

355 S.W.2d 278 (1962)

HERCULES TROUSER CO., Inc., et al., Appellants, v. W. C. BURROW et al., d/b/a W.C. Burrow Co., Appellees.

Supreme Court of Arkansas.

March 26, 1962.

Attorney(s) appearing for the Case

Thomas E. Sparks, Fordyce, for appellants.

Lawson E. Glover, Malvern, for appellees.

HARRIS, Chief Justice.

Appellants, Dallas County Industrial Development Corporation, entered into a lease agreement with appellants Hercules Trouser Co., Inc., hereinafter called Hercules, and Fordyce Apparel Company, Inc., for the construction of a large industrial building in Fordyce. The first named appellant was to finance construction of the building to the extent of $200,000, and the other two appellants were to furnish the balance of the funds necessary to...

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