Ramsay v. Roberts

Guy Amsler, Justice.

In 1949, Tom I. Steed owned real estate located at 100 Rhinehart Road in Pine Bluff, Arkansas. He leased the property to IT. L. McHone under a five-year lease with a five year renewal option. During the life of this lease McHone constructed a one story frame building, 16' x 36'., on the premises. McHone engaged in the manufacture and sale of ice cream from this outlet. The lease agreement entered into by Steed and McHone is not in the record. However, Steed testified, without objection, that McHone constructed the frame building on the property and that title thereto…