Gantt v. Zini

GkifKIN Smiti-i, Chief Justice.

November 23, 1946, Angelo and Alice Zini contracted with Holloway and Carrie Gantt to sell- them Lot Five of Block Two, Callo-way Addition to Little Rock, for which the Gantts were to pay $750, plus special improvement district taxes. A cash payment of $200 was acknowledged, the balance to be paid $12 per month including interest at six percent. Twenty payments were made, leaving $351.90 due Sept. 21, 1948, if the contract acceleration clause could have been invoked.

On May 24th, 1949, the purchasers sued for cancellation of note and contract, and for…