Parker v. Nixon

This appeal is a continuation of the case of Arkansas Mineral Products Company v. Creel, found reported in 181 Ark. 722, 27 S. W. (2d) 1003.

As appears from! the facts there stated, S. H. Creel owned a tract of land in Saline County which contained a valuable clay -deposit, which land he conveyed to a corporation known as the Arkansas Mineral Products Company, which was organized to develop' the land. The conveyance was made to the corporation subject to- a mortgage, which the corporation assumed but failed to pay, and the land was sold under a decree of foreclosure. •Creel died, and his…