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OSCEOLA HOUSING AUTHORITY v. GILLESPIE

No. 5-4469.

424 S.W.2d 521 (1968)

244 Ark. 248

OSCEOLA HOUSING AUTHORITY, Appellant, v. Nella Dunn GILLESPIE, Appellee.

Supreme Court of Arkansas.

March 4, 1968.

Attorney(s) appearing for the Case

James E. Hyatt, Jr., Osceola, for appellant.

Leon Burrow and Oscar Fendler, Blytheville, for appellee.

BROWN, Justice.

This is a condemnation case brought by the Housing Authority of Osceola, Arkansas, to acquire seven town lots to be used in a low-rent housing project. The appellee-owner, Nella D. Gillespie, was awarded $35,000 as just compensation. The basis for appeal by the Authority is set out in three points which will be enumerated and discussed in sequence.

Point I. The landowner and her witness used "cost of replacement" and "capitalization" as...

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