Simmons First National Bank v. Luzader

Carleton Harris, Chief Justice.

This appeal involves the validity of a written contract entered into by N. F. Yarbrough and his nephew and his wife, Dewey Luzader and Anna Pearl Luzader, appellees herein. The instrument provided that the Luzaders should have $12,000.00, which was on deposit with the Southern Federal Savings and Loan Association in Pine Bluff, if appellees gave him a home until his death. A factual background is as follows:

Yarbrough’s wife died on September 19, 1966, Mr. Yarbrough being 84 years of age at that time. On the day following Mrs. Yarbrough’s death, and also a few…