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eBook details

• Title: Stimmel v. Stimmel
• Author : Supreme Court of Arkansas
• Release Date : January 29, 1951
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 52 KB

Description

This is a suit by J. H. Crain to enforce an oral contract by which the appellees, Dan Keenan and his son Robert, agreed to buy for Crain a farm in Yell County. According to Crain, the Keenans were to pay not more than $15,000 for the land and take title in their own names. Crain was then to pay them $4,000, plus $500 for their expenses, and the Keenans were to deed the land to Crain and take a mortgage for the rest of the purchase price, payable in five years with 6% interest. The Keenans did buy the farm, but they insist that the purchase was for their own benefit and that they then rented the land to Crain. The chancellor held that such a contract, even if made, would be

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