Bishop v. Melton

Appellant brought this action, in the nature of one for specific performance, against appellees for the enforcement of a written contract of lease of certain real property in the town of Lonoke, with an option of purchase. Trial resulted in a decree dismissing appellant’s complaint for want of equity, and he has appealed.

Appellant was desirous of acquiring’ title to four lots in Lonoke and, to this end, had considerable negotiations with the owners who lived in another, state. Finally he got an offer to sell for a cash consideration of $2,600. He tried to borrow the money to consummate the…