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JACKS v. WESTERN SECURED INVESTMENTS CO.

No. CA 00-995.

43 S.W.3d 229 (2001)

73 Ark.App. 437

David W. JACKS and Doris JACKS v. WESTERN SECURED INVESTMENTS COMPANY and Steven Miller.

Court of Appeals of Arkansas, Division I.

May 9, 2001.

Attorney(s) appearing for the Case

Charles Peden, Maumelle, for appellants.

Robert S. Coleman, Jr., Blytheville, for appellee Western Secured Investments Company.

Grayson & Grayson, P.A. by Keith L. Grayson, North Little Rock, for appellee/intervenor Steven Miller.

SAM BIRD, Judge.

This action stems from a contract for the sale of real and personal property. In October 1996, appellants David and Doris Jacks entered into a contract for the sale of commercial property with appellee/intervenor Steven Miller. Miller agreed to purchase real property for $250,000 and personal property for $15,000. The evidence suggests that Miller tendered $20,000 cash as a down payment. The $245,000 balance was to be financed with two promissory...

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