Ford v. Fix
Supreme Court of Arkansas
Appeal from Cleburne Chancery Court; George T. Humphries, Chancellor; STATEMENT BY THE COURT. The appellee and one Ausley were partners in the stave business in Faulkner County. Appellee furnished the money and Ausley produced the staves.
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Appeal from Cleburne Chancery Court; George T. Humphries, Chancellor; STATEMENT BY THE COURT. The appellee and one Ausley were partners in the stave business in Faulkner County. Appellee furnished the money and Ausley produced the staves. In July, 1912, the parties had made about 80,000 staves and appellee had furnished $1,607.43. At that time appellee, being desirous of selling his interest, began negotiations with appellant to that end, which resulted in a sale by the appellee of his stave business to appellant for the sum above mentioned. Appellant had not examined the staves and had not…
1Opinion of the Court
Wood, J.,
(after stating the faots). The undisputed evidence showed that appellant paid to appellee for his interest in the stave business the sum of $1,607.43. There were at that time about 80,000 staves, 30,000 of which had been bucked and were ready for market, and the others were to be made ready and marketed as soon as practicable. Appellant was to give appellee one-fourth of the profits in the. business in consideration of appellee’s guaranty to appellant of “the amount paid on account of Faulkner County staves.”
It was shown that appellant received- out of the staves then on hand, after…
2Cases cited5 opinions
- Ford Hardwood Lumber Co. v. ClementSupreme Court of Arkansas · 1911
- Bradley Gin Co. v. J. L. Means Machinery Co.Supreme Court of Arkansas · 1910
- Highsmith v. HammondsSupreme Court of Arkansas · 1911
- Zearing v. Crawford, McGregor & Camby Co.Supreme Court of Arkansas · 1912
- Mississippi Home Insurance v. AdamsSupreme Court of Arkansas · 1907
3Cited by8 opinions
- Wisconsin & Arkansas Lumber Co. v. FitzhughSupreme Court of Arkansas · 1921
- Firestone Tire & Rubber Co. v. WebbSupreme Court of Arkansas · 1944
- Buffalo Zinc & Copper Co. v. HaleSupreme Court of Arkansas · 1918
- Capitol Food Co. v. ModeSupreme Court of Arkansas · 1914
- Denman v. Bruce-Rogers CompanySupreme Court of Arkansas · 1935
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