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REES v. CRAIGHEAD INVESTMENT CO.

No. 5-5631.

472 S.W.2d 92 (1971)

H. Robert REES et ux., Appellants, v. CRAIGHEAD INVESTMENT CO., Inc., Appellee.

Supreme Court of Arkansas.

November 1, 1971.

Attorney(s) appearing for the Case

Ward & Dupwe, Jonesboro, for appellants.

Douglas Bradley, Jonesboro, for appellee.

HOLT, Justice.

This action was instituted by Citizens Bank of Jonesboro and Craighead Investment Company, Inc. to cancel two real estate transfers relating to one piece of property on the allegation that the transactions were a fraud against them as creditors. The bank is no longer a party to this proceeding. In finding the issue in favor of the appellee, the chancellor found that a written agreement by Rees Plumbing Company, Inc. to sell a lake house to Weldon Douglas...

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