Heinemann v. Pennington

C. L. Holm, who owns farm land in Jackson county, Arkansas, contracted in writing with S. 0. Ivy for the construction of certain improvements on his property. Hohn was a tenant-purchaser of the Farm Security Administration (F. S. A.) and the improvements were made with its approval. The contract was dated July 18,1939, and provided that Ivy should furnish all the materials and perform all the work required to construct one dwelling house, one barn, one poultry house and one smokehouse, for a consideration of $1,795, “less salvage deducted $140,” making the cash consideration after deducting…