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JACKSON v. FARM AND COMMERCIAL PROPERTIES

No. 84-186.

680 S.W.2d 105 (1984)

284 Ark. 130

Mary Ellen JACKSON, Jerry D. Jewell, and Ometa M. Jewell, Appellants, v. FARM AND COMMERCIAL PROPERTIES, Appellee.

Supreme Court of Arkansas.

December 3, 1984.

Attorney(s) appearing for the Case

Acchione & King by Harold King and Lazar M. Palnick, Little Rock, for appellants.

Plegge & Church by Beresford L. Church, Jr., Little Rock, for appellee.

HUBBELL, Chief Justice.

This is an appeal from a decree of the Pulaski County Chancery Court ordering appellants, Mary Ellen Jackson, Jerry Jewell, and Ometa Jewell to specifically perform a contract to sell real property. Jerry Jewell borrowed money from Barney Mays and deeded property to Dorothy Mays as security for the loan. Dr. Jewell and Barney Mays had an understanding that the property would be reconveyed upon repayment of the loan. Barney Mays, who was president...

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