Terrill v. Davis

GRISSOM, Chief Justice.

In 1951, Myrtal D. Mullican, a widow, purchased the Sundown Motel in Sweetwa-ter and sold a one-half interest to Thomas B. Davis. They made a contract which provided for operation of the motel by Davis with profits and losses being shared equally. It contained a provision that if, during the lifetime of said parties, either desired to sell his interest he should give the other written notice stating the terms and conditions and the other party should have thirty days to decide whether to buy that interest. It provided that if Mrs. Mullican should die while said parties…