HOLMES v. RICELAND FOODS, INC.

No. 76-230.

546 S.W.2d 414 (1977)

Jean A. HOLMES, Executrix, et al., Appellants, v. RICELAND FOODS, INC., et al., Appellees.

Supreme Court of Arkansas, In Banc.

Rehearing Denied March 7, 1977.


Attorney(s) appearing for the Case

Cecil B. Nance, Jr. of Nance, Nance, Fleming & Wood, West Memphis, for appellants.

Arthur R. Macom of Macom, Moorhead & Green, Stuttgart, Julian B. Fogleman of Hale, Fogleman & Rogers, West Memphis, for appellees.


GEORGE ROSE SMITH, Justice.

In April, 1971, the appellants, as landlords, rented about 4,000 acres of farmland in Crittenden and Cross counties to Frank and Louis Alpe and Alpe Farms, Inc. The lease, to run for the rest of the calendar year, was for a cash rental of $59,560, payable November 15, 1971. The Alpes were members of Riceland Foods, Inc., an agricultural co-operative. In the fall the crops—rice and soybeans—were sold by the Alpes to Riceland...

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