Titan Oil & Gas, Inc. v. Shipley

517 S.W.2d 210 (1974)

TITAN OIL & GAS, INC., et al., Appellants,

v.

Sam SHIPLEY et al., Appellees.

No. 74-115.

Supreme Court of Arkansas.

December 2, 1974.

Supplemental Opinion on Denial of Rehearing January 20, 1975.

Spencer & Spencer, El Dorado, for appellants.

Hale, Hale, Fincher & Hoofman by John M. Fincher, N. Little Rock, for appellees.

FOGLEMAN, Justice.

At the very threshold we are confronted with the most difficult question presented on this appeal, the answer to which determines whether we even consider appellants' other points for reversal. The case was tried before a special chancellor,…