Soule, Guardian v. First Nat'l Bank of Ft. Smith

The chronology of the facts out of which this litigation arose is of controlling importance, and we, therefore, state them in their sequence.

On June 6, 1933, Mrs. Charlotte Welch, who, by a subsequent marriage became Mrs. Condrey, operated a monument business on a lot in the city of Fort Smith which she owned. On the date mentioned J. D. Firestone and his then partner purchased the personal property used in connection with this business, and took a lease on the lot for a period of two years. A ‘ ‘ Bill of Sale and Contract” was executed, which recited a consideration of $2,120 as balance of…