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CANNADY v. FIRST NATIONAL BANK OF FAYETTEVILLE

No. 5-3301.

382 S.W.2d 589 (1964)

C. R. CANNADY, d/b/a Cannady Constr. Co., et al. Appellants, v. FIRST NATIONAL BANK OF FAYETTEVILLE et al., Appellees.

Supreme Court of Arkansas.

October 12, 1964.

Attorney(s) appearing for the Case

Crouch, Blair & Cypert, Springdale, for appellants.

Wade & McAllister, Dickson, Putman, Millwee & Davis, Pearson & Pearson, Greenhaw & Greenhaw, Fayetteville, Russell Elrod, Siloam Springs, for appellees.

WARD, Justice.

In August, 1958 the City of Fayetteville entered into a contract with C. R. Cannady, d/b/a Cannady Construction Company (hereafter referred to as "Cannady") to make certain improvements to the City Airport. The contract provided primarily for certain excavations and for putting in place large amounts of stone and aggregate in constructing additions to the runway. Before the work was finished trouble arose, and a multitude of legal maneuvers followed...

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