SLEEPER v. SWEETSER

No. 5-4999.

446 S.W.2d 228 (1969)

W. J. SLEEPER and Otto Gage, d/b/a Cameo Jewelry and Engraving Shop, Appellants, v. Bob SWEETSER, Appellee.

Supreme Court of Arkansas.

October 27, 1969.


Attorney(s) appearing for the Case

Ball & Gallman, Fayetteville, for appellants.

Estes & Storey, Fayetteville, for appellee.


HOLT, Justice.

This appeal results from granting appellee's motion for a summary judgment based upon the following transaction. The appellants gave $50 to appellee for a man's nine-diamond ring. Appellants received a standard bill of sale from appellee. As a part of the same transaction, appellants then signed and delivered to the appellee an option to repurchase agreement. By its terms the appellee retained the right to repurchase the same ring for $55 within ten...

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