Valley Planing Mill Company v. Lena Lumber Co.

This suit was brought on November 29, 1924, in the chancery court of Saline County by appellee against appellants to enforce the specific performance of a written contract of sale and purchase of 5,000 acres of timber land in Saline County, particularly describing same. The memoranda evidencing the agreement were in the form of a letter of acceptance and a receipt which are as follows:

“August 23, 1922.

Little Bock, Ark.

“Lena Lumber Company,

Benton, Ark.

“Gentlemen: I am this day accepting your proposition on the 5,000 acres of timber lands, more or less, in 'Saline County in fee for the price…