Lisko v. Hicks.

The chancery court for Arkansas county upheld the contention of Frank Hicks that he had entered into a certain oral contract with John Lisko, Sr. Lisko died a month later and his widow and heirs, denying that the alleged contract had been made,, undertook to avoid its consequences.

The various proceedings leading up to this controversy are somewhat involved, but a review is necessary to an understanding of this appeal.

In 1926, E. W. Crandall loaned $400 to Earle W. Moorehead. To secure his note, Moorehead mortgaged 'all of Block “P” of Crescent Hill Addition to the city of Stuttgart. In 1928,…