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URBAN RENEWAL AG. OF CITY OF N. LITTLE ROCK v. SHAW

No. 5-3642.

395 S.W.2d 741 (1965)

The URBAN RENEWAL AGENCY OF the CITY OF NORTH LITTLE ROCK, Arkansas, Appellant, v. Bessie SHAW et al. Appellees.

Supreme Court of Arkansas.

November 22, 1965.

Attorney(s) appearing for the Case

Byron R. Bogard, North Little Rock, for appellant.

Fred Newth, Martin, Dodds & Kidd, Little Rock, for appellees.

McFADDIN, Justice.

This is an eminent domain proceeding. The appellant, acting under Ark.Stat.Ann. § 19-3056 et seq. (Repl.1956), took the property of the appellees. The Chancery Court awarded the appellees $57,150.00 for the property taken and the appellant prosecutes this appeal urging the two points which we will consider in the order listed:

'1. The award of $57,150.00 as the reasonable market value of the property taken as of March 4, 1964, is excessive...

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