Legal Opinion

Berkley v. Rice

Supreme Court of Arkansas

Decided February 26, 1951No. 4-9370Published

1Opinion of the Court

Grieein Smith, Chief Justice.

The controlling issue is whether the indorsement on a note showing, prima facie, that $100 had been paid, tolled the statute of limitation, thus entitling the holder to a lien on certain lands for the purchase price. It was stipulated that unless the note were barred the realty should be charged with the obligation.

A. E. Rice, plaintiff below and appellee here, was a brother of Mrs. Lydia Berkley, who died in November, 1948. Appellee and other heirs of their father and mother, W. E. and S. E. Rice, sold to Mrs. Berkley about 215 acres they had inherited. The deed…

2Cases cited2 opinions

  1. Street Improvement District No. 113 of Hot Springs v. MooneySupreme Court of Arkansas · 1942
  2. Buss v. CooleySupreme Court of Arkansas · 1942

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