People's Building & Loan Ass'n v. Leslie Lumber Co.

The appellant, People’s Building & Loan Association, oh the 25th day of July, 1929, entered into a contract with J. Gr. Ish, Jr., to sell the west half of lot 4, block 31, in the city of Pine Bluff, Arkansas, for the sum of $20,000, $500 of which was paid in cash and a note executed for $19,500. There was a three-story brick building- on the property which was known as the Arlington Hotel, and the contract included all furniture, fixtures and equipment within the building. The contract also provided that said J. Gr. Ish, Jr., should begin at once and complete within ninety days certain…