Arkansas State Highway Commission v. First Pyramid Life Insurance Co. of America

Conley Byrd, Justice.

Appellant Arkansas State Highway Commission by eminent domain took 58.39 acres from three separate tracts of land, the title of which was held by appellee First Pyramid Life insurance Company of America, for construction of the East Belt Freeway where it connects with Í-40. Appellant deposited $44,960.00 as estimated just compensation at the time of the taking. Appraisal witnesses Jack Farris, James Larrison and Wesley Adams called on behalf of appellee testified to damages of $550,150, $640,950 and $495,000 respectively. For appellant Dave Roberts placed damages at…