Legal Opinion
Estate of Johnson v. Carr
Supreme Court of Arkansas
Decided July 1, 1985No. 85-97PublishedCited by 12 opinions
1Opinion of the Court
Steele Hays, Justice.
The primary question in this case is whether an option to repurchase contained in a contract for sale and incorporated by reference in a subsequent deed, violates the rule against perpetuities.
In July, 1966, L.W. and Carutha Johnson, appellants, entered into a contract with Clarence and Rosie Carr, appellees, for the sale of land. The contract provided in part:... for an additional ten dollars and other good and valuable consideration, . . . the sellers shall have the option to repurchase the real property involved in this contract in the event purchasers decide to sell.…
2Cases cited6 opinions
- Gibson v. PickettSupreme Court of Arkansas · 1974
- Kershner v. HurlburtSupreme Court of Missouri · 1955
- Richard Roemhild v. Dr. Grey Jones and Bull Sprig Hunting Club, Inc.Court of Appeals for the Eighth Circuit · 1957
- Campbell v. CampbellCourt of Appeals of Kentucky (pre-1976) · 1950
- Weatherly v. PurcellSupreme Court of Arkansas · 1950
1 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Stuart Kingston, Inc. v. RobinsonSupreme Court of Delaware · 1991
- Ferrero Construction Co. v. Dennis Rourke Corp.Court of Appeals of Maryland · 1988
- Old Port Cove Holdings, Inc. v. CONDO. ASS'N ONE, INC.Supreme Court of Florida · 2008
- Peoples Federal Savings & Loan Ass'n v. Resources Planning Corp.Supreme Court of South Carolina · 2004
- Brough v. FoleySupreme Court of Rhode Island · 1987
7 more not listed; retrieve them via the Exa API.