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LITTLE ROCK ROAD MACHINERY CO. v. LIGHT

No. 5-3856.

403 S.W.2d 726 (1966)

LITTLE ROCK ROAD MACHINERY CO., Appellant, v. Earnie LIGHT et al., Appellees.

Supreme Court of Arkansas.

June 6, 1966.

Attorney(s) appearing for the Case

Chowning, Mitchell, Hamilton & Burrow, Little Rock, for appellant.

Wright, Lindsey & Jennings, Kenneth Coffelt, Little Rock, Joe Melton, C. A. Walls, Jr., Lonoke, for appellees.

HARRIS, Chief Justice.

In April, 1959, appellant, Little Rock Road Machinery Company, sold and delivered a tractor to Earnie Light and Jack Knox, partners, d/b/a K & L Construction Company, pursuant to the terms of a promissory note, and a conditional sales contract, which provided that the title to the tractor was retained in appellant, and that the purchaser would keep the property insured for its full value against loss by fire or other hazards, for the benefit...

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