Hunt v. Curry

Chilhowee Extract Company, a New Jersey corporation, was the owner of six thousand nine hundred fifty-six acres of land in Cocke county and Sevier county, Tenn. On November 19, 1919, John C. Arbogast of Asheville, N. C., made a written proposition to purchase this land at $25 per acre, $40,000 cash, and three notes for the balance, payable in one, two, and three years, the notes to be secured by deed of trust. This offer was accepted by writing, tentatively, December 5, 1919. It was necessary to make a survey of the land, and other negotiations were had between the parties, and the deal was…