Linder Corp. v. Pyeatt

The question posed is whether a certain restrictive covenant should he cancelled as a cloud on the title of the plaintiff property owners. The Chancery Court granted the prayed relief; and by this appeal the defendant challenges the correctness of the decree.

For several years prior to April, 1946, the Lakeside Lumber Company (a partnership composed of Paul Leird and others, and hereinafter called “Lakeside”) owned a tract of approximately 115 acres situated East of the City of Searcy. Near the center of this 115-acre tract there was an artificial body of water covering several acres and…