Matthews v. Prewitt

Grieein Smith, Chief Justice.

Key questions are whether Memphis Johnson, a colored man, had a 90-day option to repay $3,500 advanced by Albert and Geraldine E. Matthews, and — if the right subsisted — did B. C. Prewitt and G. T. Neal acquire Johnson’s interest in the real property contract around which the controversy centers.

South Bend Plantation in Lincoln county was subdivided and offered at auction January 27, 1950. A 372-acre tract was struck off to Johnson for $18,600. Terms of the sale were that 35% of the accepted bid should be deposited with a designated bank at Pine Bluff, the…