Williams v. Jones, Special Administrator

The late W. D. Jones, on June 18, 1930, entered into a written contract with appellants, Effie Williams and Maggie Trice, sisters, for the sale to them of the southeast quarter of block 36 of Dexter Harding’s Addition to the City of Pine. Bluff, for a consideration of $1,650, of which $100 was paid in cash, and the remainder was to be paid at the rate of $15 per month beginning July 15,1930, with 10% interest on each installment. There was a provision in said contract that failure to pay any monthly installment and the interest thereon shall avoid the rights of appellants under the contract,…