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JONESBORO INVESTMENT CORPORATION v. CHERRY

No. 5-3644.

396 S.W.2d 284 (1965)

JONESBORO INVESTMENT CORPORATION and M. G. Spurlock, Appellants, v. James C. CHERRY and Frances D. Cherry, Appellees.

Supreme Court of Arkansas.

November 29, 1965.

Attorney(s) appearing for the Case

Edward L. Westbrooke, Jonesboro, for appellants.

Gentry & Gentry, Little Rock, Dulaney & Dulaney, Tunica, Miss, for appellees.

ROBINSON, Justice.

This is a suit for specific performance filed by appellants, Jonesboro Investment Corporation and M. G. Spurlock, against appellees, James C. Cherry and his wife, Frances D. Cherry. The plaintifs, appellants here, allege in the complaint that appellees offered to sell and convey a 2,400 acre plantation and equipment thereon to appellants for the consideration of $900,000; that appellants closed the contract by accepting the offer; that appellees...

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