WYATT v. O'NEAL

No. 5-2969.

370 S.W.2d 129 (1963)

Wayne WYATT et al., d/b/a Wayne Wyatt Company, Appellants, v. Raymond O'NEAL, Appellee.

Supreme Court of Arkansas.

Rehearing Denied September 16, 1963.


Attorney(s) appearing for the Case

Victor Nutt, Searcy, for appellants.

Caldwell T. Bennett, Batesville, Yingling, Henry & Boyett, Searcy, for appellee.


WARD, Justice.

This litigation grows out of a series of business transactions in connection with the hatchery business. Appellant Wayne Wyatt, who owned equipment and facilities for such business, evidently was encountering financial difficulties early in 1958. In February of that year he executed two chattel mortgages on the above mentioned personal property for about $5000, and he also executed a loan agreement with appellee wherein the latter was to loan him several...

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