Smith v. Mountain Pine Timber, Inc.

11 This appeal arises out of a mineral-rights dispute. Mountain Piné Timber, Inc. (MPT), sold land located in Cleburne County, Arkansas, to Bruce Smith and Jan Smith (the- Smiths) and claimed to convey all rights to the land to them. However, MPT had previously conveyed the mineral rights to the land to another entity. The Smiths learned of the previous conveyance when they attempted to sell the mineral rights. Following this discovery, the Smiths sued MPT and its former shareholders for breach of warranty of title. The result was a $250.22 jury verdict in the Smiths’ favor. This appeal…