Three States Lumber Co. v. Bowen
Supreme Court of Arkansas
Appeal from Mississippi Chancery Court, Osceola District; Pdzvard D. Robertson, Chancellor; When time is of the essence of the contract, failure to pay promptly will work a forfeiture. Prior v. Baldridge, gi Ark. 133; 48 Ark. 413; 54 Ark. 16; 61 Ark. 266. The contract is valid. 104 Am. St. R. 267; 65 Cal. 596; 52 Am. R. 310; 84 Cal. 316; iS Am. St. R. 187; 24 Pac. 280; 3 C. Greene 128; 54 Am.
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Appeal from Mississippi Chancery Court, Osceola District; Pdzvard D. Robertson, Chancellor; When time is of the essence of the contract, failure to pay promptly will work a forfeiture. Prior v. Baldridge, gi Ark. 133; 48 Ark. 413; 54 Ark. 16; 61 Ark. 266. The contract is valid. 104 Am. St. R. 267; 65 Cal. 596; 52 Am. R. 310; 84 Cal. 316; iS Am. St. R. 187; 24 Pac. 280; 3 C. Greene 128; 54 Am. Dec. 492; 19 N. J. Eq. 350; 31 Pa. 218. Time is of the essence when? 3 Ga. 100; xo Allen 239; 38 N. H. 400; 2 O. St. 236; 59 Am. Dec. 677; 62 Fed. 654; 144 U. S. 395; 14 Tex. 373; 109 Fed. 280. In such…
1Opinion of the CourtMcCulloch, C. J.
Appellant was the owner of a tract of land in Mississippi County, Arkansas, containing 560 acres, and entered into the following contract for the sale and conveyance thereof to appellee:
“This agreement, made and entered into this 1st day of November, 1906, by and between the Three States Lumber Company, a corporation, of the State of .Wisconsin, party of the first part, and H. E. Bowen, of the county of Mississippi, and State of Arkansas, party of the second part, witnesseth:
“That, upon the performance of the covenants and agreements of the party of the second part and the completion of the…
2Cases cited5 opinions
- Cheney v. LibbySupreme Court of the United States · 1890
- Friar v. BaldridgeSupreme Court of Arkansas · 1909
- Souter v. WittSupreme Court of Arkansas · 1908
- Braddock v. EnglandSupreme Court of Arkansas · 1908
- Turpin v. BeachSupreme Court of Arkansas · 1909
3Cited by6 opinions
- American Mortgage Co. v. WilliamsSupreme Court of Arkansas · 1912
- White v. PageSupreme Court of Arkansas · 1950
- Smith v. MRCC PARTNERSHIPSupreme Court of Arkansas · 1990
- Moffatt v. WymanSupreme Court of Arkansas · 1953
- In Re GuidoUnited States Bankruptcy Court, E.D. Arkansas · 2006
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